Discussion Post
Xron Corporation is a large publicly-traded corporation. It employs 5,000 employees primarily in manufacturing jobs. It is currently reviewing industry trends and the leadership is considering whether they should hire a significant number of new employees and whether they should invest more resources in forecasting and planning. Answer the following related questions to forecasting and planning:
• If forecasting is rarely exact, why should a firm bother doing it?
• What labor force trends might influence Xron's staffing planning, in your opinion?
• If the CEO of Xron asked you how investing more resources in forecasting and planning could help the organization compete better, what would you say?
• In your opinion, what would happen if Xron did not engage in staffing planning? Support your opinion.
The response must include a reference list. One-inch margins, double-space, Using Times New Roman 12 pnt font and APA style of writing and citations.