Refer to Scenario: Pacific Health Care.PHC is experiencing a shortage of certain key positions.What would be the first step it would take in conducting a HR supply analysis?

A) examine skills and management inventories
B) determine the HR demand available
C) calculate the ratio of hires to retires
D) analyze the external environment

HR Supply Analysis

An evaluation of the current workforce in an organization to determine if the number of employees, as well as their skills, are sufficient to meet current and future needs.

Skills Inventories

Comprehensive listings or databases of the skills, qualifications, and expertise available within an organization, used for planning, recruitment, and development purposes.

Hires To Retires

This term encapsulates the entire employment lifecycle within an organization, from the moment an individual is hired through to their retirement.