Question

A company has developed a new cell phone which will be targeted to developing countries. It is estimated that the demand for the new product will initially be slow but would accelerate gradually as the product becomes increasingly familiar to worldwide consumers. In order to determine the number of workers necessary to staff the new production facilities, the company needs to conduct a(n):

Answer 1

The correct answer is: Demand forecast.

Step-by-step explanation:

A demand forecast is one of the main steps in Human Resources (HR) Planning that allows companies to find out the number of personnel needed for a specific job and the profile those workers must meet. It is a control study companies must perform to use the entities' resources efficiently.

Answer 2

Demand forecast.

Demand forecast is the process a business embarks on so that it can predict its future sales and demand of a product.

Step-by-step explanation:

A demand forecast will assist the company to come up with decisions as regards the number and nature of people they need. The demand forecast will also help to determine the amount of workers they need for staffing a new facility so that it can operate efficiently and at it optimum.