Asked by Chris Huynh on May 01, 2024

verifed

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.
verifed

Verified Answer

ZK
Zybrea KnightMay 05, 2024
Final Answer :
D
Explanation :
This situation is called a Human Resource (HR) gap, which refers to the difference between the number of employees required to achieve organizational goals and the actual number of employees currently available in the workforce. A HR gap can arise due to various reasons such as turnover, expansion of operations, or a shortage of skilled workers. In the case of Turtle Tanks Inc., the shortage of human capital signifies a HR gap where the company cannot meet its present or future staffing needs.