The first factor in deciding the supply of labour is __________.
A
issuing advertisements
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B
preparing replacement chart
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C
auditing present employees
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D
analysing labour markets
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Solution
The correct option is C auditing present employees The first factor in deciding the supply of labour is auditing present employees. Existing employees' analysis should be done at first in order to calculate the number of vacant job positions. It basically helps to analyze existing workforce or employees already occupying the job positions and how many of them are overburdened or underburdened.