Asked by Deija Williams on Jun 10, 2024
Verified
If HR specialists use multiple predictor estimates of the future demand for personnel based on a variety of differing assumptions about how future events will unfold,what type of forecasting technique or analysis are they using?
A) Delphi technique
B) nominal technique
C) impact analysis
D) scenario forecast
Scenario Forecast
A planning tool involving the analysis of future situations by considering different plausible states of the world or business environment.
Multiple Predictor Estimates
A method in statistics and forecasting using various predictors or variables to estimate an outcome.
HR Specialists
Professionals within the human resources field who are focused on specific areas like recruitment, training, benefits, or labor relations.
- Learn to implement quantitative and qualitative forecasting models to determine HR needs accurately.
Verified Answer
Learning Objectives
- Learn to implement quantitative and qualitative forecasting models to determine HR needs accurately.
Related questions
What Method of Estimating HR Demand Extrapolates Historical Organizational Indices ...
Trend Analysis Is a Qualitative Approach to Labour Demand Forecasting
The Delphi Technique Works Best in Organizations Where Dynamic Technological ...
Refer to Scenario: Canadian Engineering Shortages ...
Simulation Is a Powerful Blend of Quantitative and Qualitative Analysis