Importance of Human Resource Planning

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What is the primary goal of human resource planning?

To reduce excessive labor turnover and high absenteeism

To improve job satisfaction and lower production costs

To have the right number and the right kinds of people at the right places (correct)

To determine the organization's integrated plan

What are the potential consequences of faulty human resource planning?

Reduced excessive labor turnover and high absenteeism

High cost of production and constant headaches for management personnel (correct)

Decreased job satisfaction and lower production

Maximization of human resources and improved productivity

How does Coleman define human resource planning?

The process of achieving the objectives of an organisation

The process of determining manpower requirements and the means for meeting those requirements (correct)

The process of improving job satisfaction and lowering production costs

The process of reducing excessive labor turnover and high absenteeism

What is the potential benefit of using human resource planning properly?

Maximization of human resources and improved productivity Signup and view all the answers

What is the consequence of neglecting human resource planning according to the text?

Peril for the success of an enterprise Signup and view all the answers

In what way can human resource planning be described as a 'double-edged weapon'?

It can be both beneficial if used properly and disruptive if used faultily Signup and view all the answers

In human resource planning, what is the first step in the process?

Analysis of organisational plans and objectives Signup and view all the answers

What is a crucial aspect to consider when analysing organisational plans for human resource planning?

Anticipating changes in the organisation structure Signup and view all the answers

What does the process of 'Forecasting Demand for Human Resources' primarily involve?

Estimating the number and type of personnel required Signup and view all the answers

What is a critical aspect of 'Determining and identifying present and prospective needs of human resource' in the HRP process?

Anticipating future needs of human resources Signup and view all the answers

Which step in the HRP process involves selecting the right number and type of personnel from available candidates?

Determining present and prospective needs of human resources Signup and view all the answers

Why is it necessary to decide the time horizon for which human resource plans are to be prepared?

To anticipate changes in technology and production processes Signup and view all the answers

What is the primary focus of human resource planning according to the text?

Recruitment and selection Signup and view all the answers

What is the purpose of estimating manpower gaps?

To identify deficits and surplus of human resources Signup and view all the answers

What is the significance of matching demand and supply in human resource planning?

To identify overstaffing and understaffing Signup and view all the answers

In human resource planning, what does forecasting supply of human resources primarily involve?

Allocating manpower to different departments Signup and view all the answers

What is the main objective of estimating manpower gaps in human resource planning?

Meeting deficit through recruitment and training plans Signup and view all the answers

What does matching demand and supply enable the human resource department to know?

Shortages and surpluses of human resources Signup and view all the answers

In the context of human resource planning, what is the purpose of forecasting supply of human resources?

Dealing with allocation of persons to different departments Signup and view all the answers

What is the significance of allocating manpower to different departments in human resource planning?

Ensuring smooth functioning of all departments Signup and view all the answers

What is one of the important areas of human resources planning?

Training and placement of employees Signup and view all the answers

In what way does human resource planning address surplus manpower according to the text?

By persuading people to quit through voluntarily retirement Signup and view all the answers