Which of the following is a qualitative approach to forecasting human resources needs?
A) Regression analysis
B) The nominal group technique
C) A scatter plot
D) Trend analysis
E) Ratio analysis

Question

Quizplus · Accepted Answer

The nominal group technique is a qualitative approach to forecasting human resources needs. It involves bringing together a group of individuals with diverse perspectives and opinions and having them discuss and brainstorm potential future scenarios and needs. The group then collaboratively identifies and prioritizes potential solutions and strategies for addressing those needs. This approach is useful for generating a range of possible outcomes and solutions in a collaborative and inclusive way. The other options listed are quantitative approaches to forecasting, which rely on mathematical modeling and data analysis to project future needs or trends.

Which of the Following Is a Qualitative Approach to Forecasting