6. Which of the following is true of HR forecasting methods? aOrganizations should try to use both statistical and judgmental methods in forecasting labor and supply. bIn statistical methods, a "leading indicator" is an objective measure that accurately predicts future labor supply. cStatistical methods are poor at capturing historic trends in labor demands. dThe predictions made via statistical methods are always more precise than those made via judgmental methods..

Option (b) is partially true and thus false. In statistical methods, a "leading indicator" is an…

Answered: Which of the following is true of HR…

Marketing

20th Edition

ISBN:9780357033791

Author:Pride, William M

Publisher:Pride, William M

Chapter6: Target Markets: Segmentation And Evaluation

Section: Chapter Questions

Problem 17DRQ: Under what conditions might a firm use multiple forecasting methods?

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9780357033791

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	a	Organizations should try to use both statistical and judgmental methods in forecasting labor and supply.
	b	In statistical methods, a "leading indicator" is an objective measure that accurately predicts future labor supply.
	c	Statistical methods are poor at capturing historic trends in labor demands.
	d	The predictions made via statistical methods are always more precise than those made via judgmental methods..