Which of the following statements is true about labor forecasting?
A) It is the last step in human resource planning.
B) Labor forecasting is not useful for small and medium sized organizations.
C) Statistical methods are not used in labor forecasting.
D) Subjective judgments of experts have no place in labor forecasts.
E) It involves determination of labor supply and demand.
Answer: E) It involves determination of labor supply and demand.
Business
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A) 13.1% B) 14.6% C) 22.5% D) 18.7%
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A) nouveau riche B) hierarchical C) achieved D) longitudinal
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