Asked by
Verified
Management forecasts are quantitative measurements of future employment needs.
Management Forecasts
Predictions or estimates made by a company's management regarding future business conditions, performance, and operational needs.
Quantitative Measurements
The process of capturing and analyzing numerical data to make decisions, assess outcomes, or evaluate performance.
Future Employment Needs
The projected requirements of the workforce, including the number and types of jobs available in the future.
- Understand the diverse tactics and techniques for human resources forecasting, encompassing both quantitative and qualitative methodologies.
Verified Answer
Learning Objectives
- Understand the diverse tactics and techniques for human resources forecasting, encompassing both quantitative and qualitative methodologies.
Related questions
Forecasting May Be as Informal as Having One Person Familiar ...
There Are Two Approaches to HR Forecasting: Quantitative and Qualitative
In General, Contract Labour Possesses Skills and Knowledge of Less ...
If You Want to Determine the Total HR Demand Requirement ...
Which of the Following Is NOT a Qualitative Approach to ...