Identify and discuss zero-base forecasting and bottom-up forecasting.
What will be an ideal response?
Question 2In the zero-based forecasting method, each successive level in the organization, starting with the lowest, forecasts its requirements, ultimately providing an aggregate forecast of employees needed.
Indicate whether this statement is true or false.
Question 3Which of the following involves determining whether the firm will be able to secure employees with the necessary skills and from what sources these individuals may be obtained?
A) planning forecast
B) requirement forecast
C) strategic forecast
D) availability forecast
Question 4An availability forecast involves determining the number, skill, and location of employees the organization will need at future dates in order to meet its goals.
Indicate whether this statement is true or false.
Question 5What relationship tends to exist between demand (sales volume) and the number of employees needed?
A) positive
B) highly negative
C) unrelated
D) somewhat negative
Question 6What forecasting technique involves an analysis to determine whether the firm can justify filling an open position?
A) bottom-up approach
B) simulation
C) Delphi technique
D) zero-base forecasting
Question 7Which of the following is a forecasting technique that uses the organization's current level of employment as the starting point for determining future staffing?
A) bottom-up approach
B) zero-base forecasting
C) the Delphi technique
D) simulation