Bottom-up __________ starts with lower level managers' estimates of the firm's future talent needs.
A) trend analysis
B) ratio analysis
C) judgmental forecasting
D) interest rate forecasting

Question

Quizplus · Accepted Answer

Bottom-up forecasting is a decentralized approach where lower-level managers provide estimates of their departmental staffing needs. Judgmental forecasting involves using the intuition and expertise of individuals or groups to make predictions about future events, making it the correct answer. Trend analysis involves examining historical data to identify patterns, while ratio analysis involves using ratios to assess the financial performance of an organization. Interest rate forecasting predicts future interest rates.

Bottom-Up __________ Starts with Lower Level Managers' Estimates of the Firm's