Labor Forecasting-Multiple Choice Question
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Question
Which of the following statements is exact true about labor forecasting?
- Zero –base forecasting involves seeking to establish the relationship between sales and/or production volume and demand for labor
- Bottom-up forecasting and zero-base forecasting use fundamentally the same technique for predicting demand for labor
- Zero-base forecasting uses the current (or present) size of a workforce as a starting point for determining future staffing needs
- Zero-base forecasting can be used to do succession planning
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