Which Method of Demand Forecasting Works on the Assumption That

question 9

Multiple Choice

Which method of demand forecasting works on the assumption that changes in workforce requirement will be proportionate to changes in the business factor?

• A) Judgmental
• B) Group brainstorming
• C) Statistical
• D) Sales force estimates

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Definitions:

Physiological Needs

Physiological needs are the basic requirements for human survival, such as air, food, water, shelter, clothing, and warmth, which must be met before individuals can focus on higher-level needs.

Esteem Needs

Psychological requirements for respect, self-esteem, and recognition, as part of Maslow's hierarchy of needs.

Affiliation Needs

The human desire to belong to a group, be accepted, and maintain relationships with others, driving social interactions.

Security Needs

Basic human requirements for safety and stability, including physical safety, employment, resources, health, and property, as essential for well-being.