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Human Resource Planning (HRP) Key Steps

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Questions and Answers

What is the main purpose of Human Resource Planning (HRP)?

To promote products and services

To analyze financial data

To anticipate and address an organization's future workforce needs (correct)

To design marketing strategies

What is one of the key steps involved in HRP?

Analyzing current workforce (correct)

Selling products online

Creating financial reports

Developing new technologies

Why is forecasting future workforce needs important in HRP?

To determine employee salaries

To choose office locations

To predict the stock market

To align workforce with strategic goals and market conditions (correct)

What does developing a plan to address the gap in HRP involve?

Training existing employees or recruiting new ones Signup and view all the answers

Why is it important to implement and monitor the plan in HRP?

To ensure the plan's effectiveness and make adjustments if needed Signup and view all the answers

What aspect of the current workforce should be assessed in HRP?

Skills, experience, and demographics Signup and view all the answers

Which factor is considered when forecasting future workforce needs in HRP?

Technological advancements Signup and view all the answers

What is the purpose of developing a plan to address the gap in HRP?

To address any gaps between current and future workforce needs Signup and view all the answers

What action follows after developing a plan in the HRP process?

Implementing and monitoring the plan Signup and view all the answers