Correct Answer: Correct answer is: (C) Only 1, 2, 3.
Exam Relevance: HRM exams, Organizational Behavior exams, Service Management exams
Difficulty: Moderate
Concept notes: Forecasting in human resources can be informal and involve a single knowledgeable person. Every organization benefits from a strategic roadmap to align efforts and prepare for future needs. Theme parks provide experiences and souvenirs, but not services that can be taken home.
Common Mistakes: Students may overlook the informal nature of forecasting or the importance of a strategic roadmap in organizational planning.
Explanations: Forecasting in human resources can indeed be informal, involving a single person familiar with the organization's needs. This aligns with the first statement. The second statement emphasizes the importance of a strategic roadmap for aligning organizational efforts and preparing for future needs, which is a fundamental concept in organizational planning. The third statement correctly notes that theme parks offer experiences and souvenirs, but the services provided are not portable. Therefore, all three statements are true.
Option Analysis: - Option A: Incorrect because it excludes the third statement.
- Option B: Incorrect because it excludes the second statement.
- Option C: Correct as it includes all three true statements.
- Option D: Incorrect because it excludes the first statement.
Mnemonic: FROST: Forecasting, Roadmap, Souvenirs, Theme parks