Asked by Darren Szack on Jul 07, 2024
Verified
What would be the first step in HR forecasting once an organization has identified its organizational goals,objectives,and plans?
A) to examine data from a variety of perspectives
B) to determine the overall demand requirements for personnel (i.e. ,what staff are needed,when,and where)
C) to assess in-house skills and other internal supply characteristics
D) to determine the net demand requirements that must be met from external environmental supply sources
HR Forecasting
A method used in human resources to estimate future workforce needs to achieve the organization's objectives.
Organizational Goals
Objectives that an organization seeks to achieve, defining its purpose and, in essence, setting the direction for its activities and efforts.
Demand Requirements
The specific needs or quantities of products or services required by the market or a particular customer.
- Understand the different techniques and their purposes in workforce planning and demand forecasting.
Verified Answer
MR
Madhav RawatJul 14, 2024
Final Answer :
B
Explanation :
Once organizational goals, objectives, and plans have been identified, the first step in HR forecasting would be to determine the overall demand requirements for personnel. This means determining what staff are needed, when they are needed, and where they are needed. This information can then be used to assess in-house skills and other internal supply characteristics as well as to determine the net demand requirements that must be met from external environmental supply sources. However, determining demand requirements is the initial step in the forecasting process.
Learning Objectives
- Understand the different techniques and their purposes in workforce planning and demand forecasting.