HR forecasting process in a sequence of steps.What is the first step in the HR forecasting process?
A)the determination the source of human capital
B)the availability of internal supply of workers
C)the calculation of organizational requirements
D)the availability of external supply of workers

Question

Quizplus · Accepted Answer

The first step in the HR forecasting process is to calculate organizational requirements. This involves evaluating the organization's future goals and objectives and determining what staffing needs will be necessary to achieve them. Once these requirements have been established, the internal and external supply of workers can be assessed to determine whether the organization has the necessary human capital to meet its needs.

HR Forecasting Process in a Sequence of Steps