The Attempt by Managers to Estimate the Qualifications and the Number

question 61

Multiple Choice

The attempt by managers to estimate the qualifications and the number of employees an organization will need, given its goals and strategies, is the process of ________.

• A) supply forecasting
• B) economic modeling
• C) selection forecasting
• D) demand forecasting

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Definitions:

Bushels of Grain

A measurement unit for volume typically used in the U.S. to quantify agricultural produce like grain.

Acres of Pasture

Measurements of land area, specifically used for grazing livestock or farming purposes.

Budget

A financial plan for a defined period, often one year, detailing expected revenues and expenses.

Bushels of Grain

A measure of volume used primarily in agriculture to quantify crops, with the specifics varying by the type of grain.