GK
HUMAN RESOURCE MANAGEMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Statistical method
|
|
|
Judgmental method
|
|
|
Both statistical and judgmental methods
|
|
|
None of the above.
|
Detailed explanation-1: -Human resource forecasting techniques typically include using past data to predict future staffing needs. Additionally, organizations can use survey, benchmarking and modeling techniques to estimate workforce staffing numbers.
Detailed explanation-2: -Four of the main forecast methodologies are: the straight-line method, using moving averages, simple linear regression and multiple linear regression. Both the straight-line and moving average methods assume the company’s historical results will generally be consistent with future results.
Detailed explanation-3: -A judgmental evaluation technique is typically used when assessing job performance in an area that’s difficult to measure. For example, if a manager is evaluating the job performance of a sales associate, he can use concrete sales figures as a way to gauge whether goals and objectives are being met.