Questions: Which of the following are factors that influence human resources requirements? (Select all that apply.) customer needs for new products or services retirements promotions the external labor market

Which of the following are factors that influence human resources requirements? (Select all that apply.) customer needs for new products or services retirements promotions the external labor market
Transcript text: Which of the following are factors that influence human resources requirements? (Select all that apply.) customer needs for new products or services retirements promotions the external labor market
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Solution

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Answer

The answer is:

  • customer needs for new products or services
  • retirements
  • promotions
  • the external labor market
Explanation
Option 1: Customer needs for new products or services

Customer demands can significantly influence the need for human resources. When new products or services are introduced, companies may need to hire additional staff or train existing employees to meet these new demands.

Option 2: Retirements

Retirements create vacancies that need to be filled, thus influencing human resources requirements. Organizations must plan for succession and recruitment to replace retiring employees.

Option 3: Promotions

Promotions can create gaps in lower-level positions that need to be filled, thereby affecting human resources needs. When employees are promoted, their previous roles often need to be backfilled.

Option 4: The external labor market

The availability of skilled labor in the external market can impact human resources planning. If the labor market is tight, it may be more challenging to find qualified candidates, influencing recruitment strategies and requirements.

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