A mature company is expanding into overseas markets.A few U.S.managers will be transferred,but most new employees will be hired.The strategic plan involves focusing on research and development and new technology introduction.Which of the following HR activities will be the highest priority in support of the move and corporate strategy?

Question

Quizplus · Accepted Answer

Labor supply and demand forecast is the most critical HR activity to support the company's expansion into overseas markets. As the company will be hiring new employees in the foreign market, it is essential to assess the local labor market conditions to determine the availability and cost of labor, the hiring needs, and the potential challenges that may arise in recruiting and retaining employees. This information will help the organization make informed decisions about staffing levels, compensation, benefits, and recruitment strategies. Succession planning, downsizing potential, turnover analysis, and Delphi planning are not immediately relevant to the company's expansion plan.

A Mature Company Is Expanding into Overseas Markets