Question: Use multiple sources of data ( and cite them ) to describe the current and future labor market for retail salespeople with a focus on
Use multiple sources of data and cite them to describe the current and future labor market for retail salespeople with a focus on highlighting Cherns info below If you forecast a gap, determine whether the gap is temporary or permanent. Make some recommendations in firstperson to address the gap.
Info: Based on the information provided by Cherns Chern's employs fulltime sales associates FTSAs at its flagship store. Analyzing the transition probability matrix in Table A over the past three years, we can predict internal movements and exits of FTSAs that stay in their positions, become parttime sales associates PTSAs move up to department managers DEPs advance to buyers BUYs advance to merchandising managers MERs and exit the company. This means about FTSAs are expected to leave annually. Given Chern's hiring metrics, where of applicants become candidates, of those candidates receive job offers, and of the offers are accepted, Chern's will need around applicants each year to hire new FTSAs. This calculation ensures that Chern's can maintain its goal of FTSAs.
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