Which of the Following Statements Best Describes HR Demand Forecasting

question 98

Multiple Choice

Which of the following statements best describes HR demand forecasting?

• A) HR managers do not typically engage in HR demand forecasting because the forecasting process requires an expert in research.
• B) HR demand forecasting is an internal labour supply forecast.
• C) HR demand forecasting uses census figures to calculate labour supply and demand for a particular industry.
• D) HR demand forecast only involves forecasting a specific business's labour needs for some future time.

---

Definitions:

Economic Significance

The importance of an economic outcome or event in terms of its implications on the economy or financial markets.

Limited Problem Solving

A consumer decision-making process used for purchases that require a moderate amount of effort and time for information gathering and deliberation.

Video Game Console

A dedicated electronic device designed to play video games that are typically connected to a television or other display screen.

Gamer Friends

Individuals who connect and build relationships based on their shared interest in video games.