Which of the following is true of HR forecasting methods? a Organizations should try to use both statistical and judgmental methods in forecasting labor and supply. b In statistical methods, a "leading indicator" is an objective measure that accurately predicts future labor supply. c Statistical methods are poor at capturing historic trends in labor demands. d The predictions made via statistical methods are always more precise than those made via judgmental methods..
Which of the following is true of HR forecasting methods? a Organizations should try to use both statistical and judgmental methods in forecasting labor and supply. b In statistical methods, a "leading indicator" is an objective measure that accurately predicts future labor supply. c Statistical methods are poor at capturing historic trends in labor demands. d The predictions made via statistical methods are always more precise than those made via judgmental methods..
Chapter6: Target Markets: Segmentation And Evaluation
Section: Chapter Questions
Problem 17DRQ: Under what conditions might a firm use multiple forecasting methods?
Related questions
Question
6.
Which of the following is true of HR
a |
Organizations should try to use both statistical and judgmental methods in forecasting labor and supply. |
|
b |
In statistical methods, a "leading indicator" is an objective measure that accurately predicts future labor supply. |
|
c |
Statistical methods are poor at capturing historic trends in labor demands. |
|
d |
The predictions made via statistical methods are always more precise than those made via judgmental methods.. |
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps