Which of the following reconciles the forecast of labor supply and demand?

Question

Quizplus · Accepted Answer

Gap analysis is the process of identifying and analyzing the gap between the demand for labor and the supply of labor. It involves comparing the current workforce and its skills with the projected needs of the organization in the future. This analysis helps organizations identify areas where they may have a shortage or excess of labor, which can then be addressed through workforce planning strategies. The other options listed are not specifically focused on reconciling labor supply and demand.

Which of the Following Reconciles the Forecast of Labor Supply