Two Approaches Used to Gather Qualitative Data in Order to Forecast

question 32

Multiple Choice

Two approaches used to gather qualitative data in order to forecast HR demand (or supply) are

• A) trend analysis and scatterplot.
• B) nominal group and Delphi technique.
• C) regression analysis and nominal group technique.
• D) ratio analysis and nominal group technique.
• E) scatterplot and Delphi technique.

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Definitions:

Tax Rate

The percentage at which an individual or business's income or transactions are taxed by the government, affecting net income and investment decisions.

Trade Barriers

Measures implemented by governments to regulate or limit international trade for various purposes, such as protecting domestic industries or stimulating local economies.

Medium Of Exchange

An intermediary instrument used to facilitate the sale, purchase, or trade of goods and services by eliminating the need for a coincidence of wants in barter transactions.

Poverty Alleviation

Refers to strategies and initiatives aimed at reducing the number of people living in poverty.