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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 916 |
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Some variables to consider in forecasting include sales projections, skills required in potential business ventures, composition of the present workforce, technological changes, and economic conditions (Rue 252). After forecasting is complete, the organization gets involved in activities to bring its current level of human resources in line with forecasting predictions...
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Depending on the forecast, organizations will recruit and select new employees, develop current or new employees, promote or transfer, and in worse case scenario, layoff or discharge employees.
Recruiting involves seeking and attracting a supply of people from which qualified candidates for job vacancies can be selected...
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