Asked by Haley Althaus on Jul 16, 2024
Verified
Existing employees who can be retrained,promoted,transferred,or otherwise redeployed to fill anticipated future HR requirements are referred to as internal supply.
Internal Supply
Refers to the resources, capabilities, and competencies that are available within an organization, which can be utilized to achieve strategic objectives.
Retrained
The process of teaching employees new skills or refreshing their existing skills to meet the current demands of their job or prepare for new job roles.
- Identify the advantages of sourcing labor internally and externally, along with the elements that influence these decisions.
Verified Answer
NS
Nicole Smith-FarinaJul 22, 2024
Final Answer :
True
Explanation :
Existing employees who can be retrained, promoted, transferred, or otherwise redeployed to fill future HR requirements are known as the internal supply.
Learning Objectives
- Identify the advantages of sourcing labor internally and externally, along with the elements that influence these decisions.
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