What HR term is defined as the process of ascertaining the net requirement for human capital by determining the demand for and supply of human resources now and in the future?
A)HR projection
B)HR prediction
C)HR forecasting
D)HR gap analysis

Question

Quizplus · Accepted Answer

HR forecasting is the process of estimating the future demand and supply of human resources in an organization. It considers factors such as changes in the business environment, workforce demographics, and internal factors like retirements and turnover to determine the net requirement for human capital. HR projection, HR prediction, and HR gap analysis are all related to HR forecasting but focus on more specific aspects of the process.

What HR Term Is Defined as the Process of Ascertaining