Asked by Chloe Myers on Jul 07, 2024

verifed

Verified

Forecasting tools that assess human capital requirements based on historical measures such as sales levels are inherently more focused on human capital flows.

Forecasting Tools

Instruments or software used to predict future trends or outcomes based on current data.

Human Capital Requirements

The necessary skills, knowledge, and abilities that employees must possess to fulfill the roles and responsibilities within an organization.

Sales Levels

The amount of revenue or units sold by a company in a specific period, which can indicate the performance and market demand for its products.

  • Realize the importance of HR forecasting tools and the role of historical measures in determining human capital requirements.
verifed

Verified Answer

IE
Islam ElshreifJul 09, 2024
Final Answer :
False
Explanation :
Forecasting tools that assess human capital requirements based on historical measures such as sales levels are typically more focused on human capital stocks, as they aim to predict the number of employees needed to support certain levels of business activity, rather than the flow or movement of employees into, within, or out of the organization.