Demand Forecasting in Human Resource Planning Involves Predicting the Number

question 24

True/False

Demand forecasting in human resource planning involves predicting the number and types of people the organization will need at some future point in time.

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Definitions:

Essential Attribute

Characteristics that are intrinsic to the nature of an entity, without which it would lose its identity or essence.

Essential Attributes

Fundamental qualities or characteristics that define the nature of something.

Jointly Exhaustive

A condition where all possible outcomes or cases are covered by the set of propositions or options.

Equally Abstract

Pertaining to concepts or ideas that are similarly removed from concrete reality and difficult to define precisely.