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Estimate of the supply of people

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In the meeting of the Company Senior Management, Finance Director alluded to the following statement, 'human resource forecast is a determination of the demand for people and of appropriate types and skills for given time periods in the future. The forecast also requires the preparation of an estimate of the supply of people who will be available for the selected time periods, generally manpower planners must use a variety of techniques to project future personnel needs. Discuss how you will assist the Finance Director to forecast human resource. Justify your answers

 

Reference no: EM133006894

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