Given the effects of the Fukushima nuclear disaster caused by the HYPERLINK "http://en.wikipedia.org/wiki/2011_T%C5%8Dhoku_earthquake_and_tsunami" Tôhoku earthquake and tsunami on the external environment,what type of forecasting would HR professionals utilize to incorporate catastrophic circumstances and their consequences?
A) transaction-based forecasting
B) process-based forecasting
C) event-based forecasting
D) critical-based forecasting

Question

Quizplus · Accepted Answer

The Fukushima nuclear disaster caused by the Tohoku earthquake and tsunami is an example of an event that is outside the regular course of business. It is not something that can be predicted through transaction-based or process-based forecasting. Critical-based forecasting may be useful for predicting and planning for operational risks, but may not be applicable to an event of such catastrophic proportions. Therefore, event-based forecasting, which considers the impact of unexpected events on the business, would be the best choice for HR professionals to incorporate catastrophic circumstances and their consequences.

Given the Effects of the Fukushima Nuclear Disaster Caused by the HYPERLINK