1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Rashid [163]
3 years ago
15

How does knowledge of labor market information assist HR professionals in developing a quality staffing plan?

Business
1 answer:
Brrunno [24]3 years ago
3 0

How does knowledge of labor market information assist HR professionals in developing a quality staffing plan?

Anwser: Knowledge of labor market information is very important because it allows human resources professionals to plan what kind of resources they can find in the market and accordingly choose the best options. In addition to the labor market information, important statistics on how difficult they can find can be to find certain resources or if it is very simple, which can influence the price.

From an external sourcing perspective, which HR initiatives and strategies are effective approaches to filling key positions in a labor market with talent shortages?

Anwser: The best strategy to fill this type of position is to look for specialized job vacancies or to have better access, for example, social networks at this time help a lot in the search for human talent, because in them you can see additional to the Resume the social, economic and personal aspects of the candidates, we can also see what they can think about what their interests are.

From an internal sourcing perspective, which HR initiatives and strategies are effective approaches to filling key positions in a labor market with talent shortages?

Anwser: Internally you should talk with the areas interested in acquiring the new staff in this case. You should mainly talk about how much you are willing to pay for this staff or this skilled workforce if the answer is that you can pay more than normal in the market will be more easy to get an answer from the candidates in any case if there is a shortage of talent what can be also is to hire a little lower staff and train them to fill the positions that have a shortage

You might be interested in
Variable Input Fixed Input Output Marginal Physical Product of Variable Input Total Fixed Cost Total Variable Cost Marginal Cost
weqwewe [10]

Answer:

$21.67

Explanation:

Exhibit 21-3 is attached with the answer .Please find it.

Total cost of production includes the fixed cost and variable cost. Fixed Cost remains constant as $500 in the exhibit, but the variable cost changes with each production level.

Cost of producing 60 units

Variable cost = $800

Fixed cost = $500

Total cost = $800+500 = $1,300

Product cost per unit = Total cost / numbers of unit = $1,300 / 60 = $21.67

7 0
3 years ago
Charles lackey operates a bakery in Idaho, Falls Because of its excellent product location, demand has increased by 35% in the l
irina1246 [14]

Answer:

1) $0.27 per loaf of bread

2) $0.28 per loaf of bread

3) 3.7%

Explanation:

current production = 1,800 loaves per month

current labor expense = $8 per hour

constant utility cost = $800

ingredients per loaf = $0.40

multi-factor productivity = total output / (labor + materials + overhead)

current multi-factor productivity = 1,800 loaves / ($5,120 + $800 + $720) = $0.27 per loaf of bread

new output level = 1,800 x 1.35 = 2,430 loaves

new multi-factor productivity = 2,430 loaves / ($6,912 + $800 + $972) = $0.28 per loaf of bread

% increase = ($0.28 - $0.27) / $0.27 = 3.7%

6 0
3 years ago
Which of the following examples describes how data science can improve<br> business outcomes?
Elis [28]

The data science can alter business resultants with the support of Analytics.

<h3>What is Analytics?</h3>

The systematized combinatorial investigation of the subject matter or applied mathematics is known as analytics.

It is a tool for determination, interpreting, and communicating crucial structures in data.

It also implies using data patterns to make more intelligent decisions. With the usage of analytics, data science may modify and better business outcomes.

Therefore, the Analytics can improve the business outcomes.

Learn more about the data science, refer to:

brainly.com/question/20815848

#SPJ1

3 0
2 years ago
Lin Wai's company, New Home Builders Corp., specializes in designing homes that have wide hallways and walk-in showers that coul
love history [14]

Answer:

strengths

Explanation:

A SWOT analysis includes strengths, weaknesses, opportunities and threats:

  • strengths: analyses what does your company do well and distinguish it from the competition.
  • weaknesses: analyses what are your company's weak spots and what does your competition do better than you.
  • opportunities: new situations that can favor your company.  
  • threats: situations that can negatively affect your company.  
8 0
3 years ago
Is it reasonable to assume that treasury bonds will provide higher returns in recessions than in booms?
Annette [7]
It is indeed reasonable.We know this because interest rates rise when the economy is booming and fall when the economy goes into a recession which is known as procyclic movement. What happens is that during recessions the government usually tries to keepcinterest rates low in order to stimulate investment. It is good because bond prices <span>and interest rates go in opposite directions so bond prices will rise when recession starts. </span>
8 0
3 years ago
Read 2 more answers
Other questions:
  • Which of the following scenarios demonstrates leadership?
    10·1 answer
  • Select the correct answer. What is the consumer's ability and desire to buy goods and services called? A. supply B. demand C. eq
    9·1 answer
  • The management of urbine corporation is considering the purchase of a machine that would cost $340,000 would last for 4 years, a
    13·1 answer
  • A manufacturing company has a small production line dedicated to the production of a particular product. The line has four stati
    11·1 answer
  • Please help me ...<br> thank you ..
    10·1 answer
  • Which of the following was the result on appeal in Securities and Exchange Commission v. Texas Gulf Sulphur Co, the case in the
    5·1 answer
  • The fallacy of composition is:a. the erroneous view that an economic activity can sometimes exceed the sum of its components. b.
    13·1 answer
  • Why is it important to start investing for retirement at an early age?
    6·1 answer
  • Free easy points
    13·2 answers
  • State any five occupations in public service sector ?<br>​
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!