When Forecasting Demand

question 203

Multiple Choice

When forecasting demand

• A) industry comparisons are mandatory.
• B) the company forecasts the number and type of people who will be available for hiring from the labour market at large.
• C) employees are interviewed and asked how long they think they will remain with the company.
• D) employees sign a contract stating the number of years they will stay.
• E) a company must assess trends in past HR usage, future organizational plans, and general economic trends.

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Definitions:

Source Amnesia

A memory disorder where an individual can recall certain information but is unable to remember where, when, or how the information was acquired.

Voicers

Individuals who express opinions, concerns, or suggestions for improvements within an organization.

Silent

Without sound; not speaking or refraining from speech.

Social Risks

Potential adverse effects on an individual's social status, relationships, or well-being due to certain actions or decisions.