Question: Which statement describes a key characteristic of management forecasts for human resource needs? a. Forecasts are scientific and relatively error-free. b. Forecasts rely strictly on

Which statement describes a key characteristic of management forecasts for human resource needs?

a.

Forecasts are scientific and relatively error-free.

b.

Forecasts rely strictly on sophisticated analytical models.

c.

Forecasts are quantitative estimates that require large amounts of data.

d.

Forecasts are qualitative estimates of the number and type of people that are needed in the future.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!