Asked by Chris Huynh on May 01, 2024
Verified
Refer to Scenario: Turtle Tanks Inc.Turtle Tanks Inc.has shortages of human capital such that the company is unable to meet its current or forecasted human capital requirements.What is this situation called?
A) projection
B) prediction
C) HR surplus
D) HR gap
HR Gap
The difference between the current capabilities of the workforce and the skills required to achieve organizational goals.
Human Capital
The collection of skills, knowledge, and experience possessed by an individual or workforce, viewed in terms of their value or cost to an organization.
Forecasted
Refers to the estimated or predicted outcomes in the future based on current and historical data.
- Identify different scenarios such as HR gap in human capital management.
Verified Answer
Learning Objectives
- Identify different scenarios such as HR gap in human capital management.
Related questions
What HR Concept Is Defined as the Amount of Any ...
A Clearly Written Mission Statement Typically Increases Turnover
The Source of Human Capital to Meet Demand Requirements,obtained Either ...
Since It Takes Human Capital to Develop Human Capital,HR Forecasting ...
An Organization's Projected Requirement for Human Capital Is Called Human ...