After the gaps between the firm's labor supply and labor demand are identified,a firm should:
A)develop and implement action plans.
B)conduct a workforce analysis.
C)identify its business strategy.
D)articulate its talent philosophy and strategic staffing decisions.

Question

Quizplus · Accepted Answer

Once a firm identifies gaps between labor supply and demand, it needs to develop and implement action plans, such as increasing recruitment efforts or adjusting compensation packages, to address these gaps. Conducting a workforce analysis, identifying business strategy, and articulating talent philosophy all play important roles in strategic staffing decisions, but they are not the immediate next steps after identifying gaps in labor supply and demand.

After the Gaps Between the Firm's Labor Supply and Labor