In human resource forecasting,______ is the process of reviewing historical data and calculating specific proportions between a business factor (such as production)and the number of employees needed.

Question

Quizplus · Accepted Answer

Ratio analysis involves reviewing historical data and calculating specific proportions between a business factor (such as production) and the number of employees needed. This helps in forecasting future staffing needs and making informed decisions regarding recruitment, training, and retention. The other options, mediation analysis and qualitative forecasting, are not directly related to this process. Regression analysis may be used in conjunction with ratio analysis for more accurate forecasts, but it is not the sole method used in human resource forecasting.

In Human Resource Forecasting,______ Is the Process of Reviewing Historical