About the importance of time horizons for forecasting

Assignment Help Business Management

Reference no: EM133672036

Objective:

This assignment requires you to do some research. You will be required to visit any online credible sources pertaining to information on HR forecasting. You will submit 300-350 words report in the form of a reflection covering the key points below. Please remember that it is a reflection assignment, not questions-answers submission.

1. After visiting the resource, what do you think about the importance of Time horizons for forecasting. Should we forecast on short term (2-5 years) or long term (5 years and more). Please use these 2 assumed categories for this assignment. Please declare your answer clearly and explain.

2. Do you think we (HR /Employer) should use quantitative methods of forecasting or qualitative? Why? Please declare your answer clearly and then explain

3. Do you feel that time investing in HR forecasting is an investment or it should not be given much of importance? Please declare your answer clearly and then explain

Reference no: EM133672036

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