Forecasting in HRP is concerned with the identification of strategic options and estimates of the need for human capital demand and supply.

Question

Quizplus · Accepted Answer

Forecasting in HRP (Human Resource Planning) involves identifying long-term strategic options and estimating the demand and supply of human capital to achieve those options. It helps organizations to plan and prepare for future workforce needs and to ensure that they have the right talent in the right place at the right time. Therefore, the statement is true.

Forecasting in HRP Is Concerned with the Identification of Strategic