HR forecasting can ensure that the necessary human capital is available to the firm,whether human capital is abundant or scarce in the labour market.

Question

Quizplus · Accepted Answer

HR forecasting helps in predicting future demand for specific types of talent or skills within an organization, and thus helps in ensuring that the necessary human capital is available. This is true regardless of whether the labour market is abundant or scarce in terms of human capital.

HR Forecasting Can Ensure That the Necessary Human Capital Is