Which of the following forecasting methods relies on the experience and insights of people in the organization to predict a firm's future employment needs?
A)trend analysis
B)ROI analysis
C)judgmental forecasting
D)transition analysis

Question

Quizplus · Accepted Answer

Judgmental forecasting relies on the experience and insights of people in the organization to predict a firm's future employment needs. Trend analysis involves reviewing historical data to identify patterns, ROI analysis focuses on the financial return of an investment or project, and transition analysis assesses the impact of changes in the business environment on the workforce.

Which of the Following Forecasting Methods Relies on the Experience