Question: It is important that HR help the organization to plan for and deploy the proper talent it needs to meet its strategic goals and objectives.
It is important that HR help the organization to plan for and deploy the proper talent it needs to meet its strategic goals and objectives. Top management would like for you to provide them a labor demand forecast for the next quarter. They have given you three pieces of data to work with: sales last quarter = $4.5 million; the number of sales persons last quarter = 175; and forecasted sales for the next quarter = $4.9 million. 1) How many sales people will you need to hire for the next quarter? (If you get a decimal, round up to the next whole number). 2) Discuss another forecasting technique that you would use in addition to this one to provide additional insight into labor demand. 3) Lastly, which of the forecasting techniques discussed in class would be most useful for understanding organizational turnover? Explain why.f
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