Trend analysis is used to study a firm's past employment levels to predict future needs.

Question

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Trend analysis involves analyzing historical data to identify patterns and predict future outcomes. When it comes to human resource management, trend analysis can be used to forecast future employment levels based on past trends, such as seasonal fluctuations, growth or decline in the industry, or shifts in the economy. By identifying patterns in past employment levels, organizations can make informed decisions about hiring or restructuring to meet future demands.

Trend Analysis Is Used to Study a Firm's Past Employment