What is an external factor that could affect an organization's recruitment strategy?

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Study for the University of Central Florida MAN3302 Talent Management Exam. Use flashcards and multiple-choice questions with explanations. Get exam-ready with interactive learning!

The correct answer highlights a significant external factor that can influence an organization's recruitment strategy. When a competitor is removed from the market, it can create an opportunity for the remaining organizations to attract talent from a larger pool of candidates that were previously employed by that competitor. This situation can lead companies to adjust their recruitment strategies to seize the opportunity.

For example, without the competition, the organization may change its approach to talent acquisition by increasing job postings, offering more attractive compensation packages, or enhancing the company's employer brand to position itself as a desirable option for those displaced workers.

In contrast, employee turnover rates, company policies and procedures, and internal promotions are more reflective of internal factors that might influence recruitment. These factors relate to the organization's existing workforce and operations rather than the external environment and are less likely to shift dramatically due to changes in the competitive landscape.