Woolworths has kept a record of the number and type of jobs advertised and the number of employees recruited over the last 30 years.It uses this information to predict future personnel requirements.This is an example of:

Question

Quizplus · Accepted Answer

The use of historical data on job advertisements and employee recruitment over the last 30 years to predict future personnel requirements is an example of trend projection. This involves examining patterns in past data to forecast future trends. It is not demand forecasting, which involves predicting the demand for a product or service. It is also not external or internal scanning, which involves analyzing external or internal factors that could impact the organization.

Woolworths Has Kept a Record of the Number and Type