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Estimating how many people already employed by an organization will be available to fill jobs at a future time is called what?
AThe human resource demand forecast
BThe internal supply forecast
CThe external labor market scan
DThe succession planning review
Answer & Solution
Correct answer: B. The internal supply forecast
1. Human resource planning runs on two forecasts, not one.
2. The demand forecast answers how many people will be needed by some future date.
3. The internal supply forecast answers how many of the people already on the payroll will be available to fill those jobs.
4. Because the question asks about people already employed, the answer is the internal supply forecast rather than the demand forecast.
_Source: OpenStax Introduction to Business (CC BY 4.0), Ch 8 "Managing Human Resources and Labor Relations", section HR Planning and Forecasting_
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