If an Organization Wished to Conduct HR Forecasting for Its

question 17

Multiple Choice

If an organization wished to conduct HR forecasting for its operating cycle,which of the following time horizons should it use?

• A)current forecast
• B)short-run forecast
• C)medium-run forecast
• D)long-run forecast

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Definitions:

Superiors

Individuals in higher positions or ranks within an organization, with authority or managerial responsibility over others.

Myopic Loss Aversion

The tendency of investors to react disproportionately to short-term losses compared to long-term gains.

Financial Market Downturn

A period of declining asset prices in the financial markets, often marked by investor uncertainty or negative economic indicators.

Retirement Savings

Funds that individuals set aside and invest to provide income and financial security for retirement.