Which of the following should you take into account when forecasting demand?

A) absenteeism
B) turnover
C) business cycles
D) labour mobility

Business Cycles

Business cycles refer to the fluctuations in economic activity that an economy experiences over a period, characterized by expansion and contraction phases.

Labour Mobility

The extent to which workers can move easily between jobs, locations, or industries, influenced by factors such as regulations and qualifications.

Turnover

The rate at which employees leave a company and are replaced by new hires over a certain period.