An Organization Wants to Determine Its Total HR Demand Requirement

question 31

Multiple Choice

An organization wants to determine its total HR demand requirement for operational or short-run time periods.What would be the best way to gather this information?

• A)use staffing tables
• B)use Markov analysis
• C)use impact analysis
• D)use scenario forecasts

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Definitions:

Mass Marketing

A marketing strategy that aims to appeal to a broad range of consumers by reaching out to large audiences with a uniform message.

Target Marketing

The process of identifying and focusing marketing efforts on a specific segment of the market that is most likely to purchase a product or service.

Finite Population Correction

An adjustment made to the standard deviation or variance formula when sampling from a small or finite population, ensuring more accurate estimates.

Population Size

The total number of individuals or units in the group that is being studied or analyzed.