In Which of the Following Ways of Forecasting Human Resource

question 57

Multiple Choice

In which of the following ways of forecasting human resource needs is evaluations made either by top-level managers and passed down,or by lower-level managers and passed up for further revision,or by some combination of upper- and lower-level managers?

• A) Benchmarking
• B) The Delphi technique
• C) The managerial estimates method
• D) Scenario analysis

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Definitions:

Operating Expenses

Expenses incurred during the ordinary course of business operations, including costs related to sales, administration, and general activities.

Net Income

The remaining revenue after all costs, expenses, and taxes have been subtracted from a company's total revenue; essentially, a company's profit.

Periodic Inventory

An inventory system in which the inventory count is conducted at specific periods, determining the cost of goods sold by beginning inventory plus purchases minus ending inventory.

Merchandise Inventory

Goods a company intends to sell to customers that are stored as inventory.