_____ Is a Qualitative Method of HR Forecasting That Relies

question 65

Multiple Choice

_____ is a qualitative method of HR forecasting that relies on general guidelines applied to a specific situation within an organization.

• A) Statistical regression analysis
• B) The rule of thumb method
• C) The Delphi technique
• D) Ratio analysis

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Definitions:

Tripling Output

The act of increasing the production or output of goods and services threefold, signifying significant growth or scaling up of operations.

Economies of Scale

Cost advantages companies experience when production becomes efficient, as the cost per unit of output decreases with increasing scale.

General Electric

A multinational conglomerate corporation operating in sectors like aviation, power, healthcare, and renewables, among others.