Which of the following best describes forecasting human resources needs?
A) It is scientific and relatively error-free.
B) It is difficult and should only be done on rare occasions.
C) It should rely strictly on quantitative approaches, which utilize sophisticated analytical models.
D) It estimates the number and type of people that are needed to meet organizational objectives.

Question

Quizplus · Accepted Answer

Forecasting human resources needs involves estimating the number and type of people required to achieve organizational goals, taking into account factors like current workforce, future organizational plans, and the external labor market. It is not exclusively scientific or error-free (A), nor should it be done only rarely (B). While quantitative approaches are valuable, relying solely on them (C) ignores the importance of qualitative factors in HR planning.

Which of the Following Best Describes Forecasting Human Resources Needs