You Have Just Been Hired as the Director of Human

question 15

Multiple Choice

You have just been hired as the director of human resources at a mid-sized engineering company.The CEO has asked you to assist her in forecasting future human resources needs and to use a forecasting technique which will generate an exchange of ideas among the directors of all division.She would like you to use a technique that will lead to greater acceptance of results among the directors.Which technique do you use?

• A)the nominal group technique
• B)trend analysis
• C)regression analysis
• D)an informal expert forecast
• E)a formal expert forecast

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Definitions:

Previous Years

Referring to the years before the current one, often used in contexts of analysis, comparison, or financial performance evaluation.

Pro Forma Financial Statements

Forward-looking financial documents that project a business’s future financial performance based on certain assumptions.

Financial Condition

The status of an organization or individual's financial health, typically assessed through analysis of assets, liabilities, income, and expenditures.

Future

The time period that is to come, which is uncertain and yet to be determined.