Explain how you will assess human resource requirements of a retail organisation. Discuss the role of employment opportunities in booming organised retail.
Explain the concept of franchising. Discuss the advantages and limitations of franchising concept.
Assessing human resource requirements in a retail organization involves a systematic approach that considers various factors, including the organization’s size, operational goals, and market dynamics. To begin, an analysis of the current workforce is essential. This includes evaluating the existing skills, competencies, and the number of employees in various roles. Next, the organization must forecast future needs based on projected sales growth, expansion plans, and seasonal fluctuations. Employing workforce planning tools and techniques such as demand forecasting ______ _________ ____ ______ _________ _______ ___ ___ _______ _________.
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