Human Resource Management Deneme Sınavı Sorusu #1376063
I- These methods deal with quantitative data; but allow consideration of expertise and human insight.
II- These types of methods are used by small organizations or organizations which do not have any forecasting activities.
III- Also, if organization is in change or in a chaos, these types of methods could be used.
Which one of the following fits the characteristics of forecasting methods of which general traits are given above?
I- These methods deal with quantitative data; but allow consideration of expertise and human insight.
II- These types of methods are used by small organizations or organizations which do not have any forecasting activities.
III- Also, if organization is in change or in a chaos, these types of methods could be used.
Which one of the following fits the characteristics of forecasting methods of which general traits are given above?
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Time series analysis |
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Ratio-trend analysis |
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Delphi Method |
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Econometric model |
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Regression analysis |
Judgemental methods have knowledgeable people to forecast the future (Cascio, 1995). The methods deal with quantitative data but allow consideration of expertise and human insight. These types of methods are used by small organizations or organizations which do not have any forecasting activities. Also, if organization is in change or in a chaos, these types of methods could be used because in such times past actions and situations cannot help to predict the future. Those actions and situations do not give accurate information about organizations.
Judgemental methods are bottom-up or unit forecasting, top-down forecasting, and Delphi Method.
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