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Estimating Manpower Requirements include _____
  • a)
    Selection Expenses
  • b)
    Financial Expenses
  • c)
    Training Expenses
  • d)
    Number and types of persons required
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Estimating Manpower Requirements include _____a)Selection Expensesb)Fi...
Estimating Manpower Requirements:
Estimating manpower requirements is a crucial part of workforce planning for any organization. It involves determining the number and types of persons needed to fulfill the organizational goals and objectives. Here are the key factors to consider when estimating manpower requirements:

Number and types of persons required:
- This is the most important aspect of estimating manpower requirements. It involves analyzing the workload, tasks, and responsibilities of each job role within the organization to determine the optimal number of employees needed. This includes understanding the skill sets and qualifications required for each position.
Estimating manpower requirements does not directly include Selection Expenses, Financial Expenses, or Training Expenses as these are separate components of the overall recruitment and HR budget. These expenses are incurred after the manpower requirements have been estimated and the recruitment process has begun. The primary focus of estimating manpower requirements is to determine the quantity and quality of employees needed to support the organization's operations and growth.
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Estimating Manpower Requirements include _____a)Selection Expensesb)Fi...
Construction requires large number of manpower in the categories of un-skilled, skilled and technical for planning, monitoring and execution of these projects. Manpower demand estimation is an essential component to facilitate manpower deployment. A business proposal is a written document describing ideas or strategies on how to start or maintain a business. This is an important tool for entrepreneurs in terms of planning and organizing the business' operations. It assists a business in evaluating its current economic status and formulating future prospects.
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Estimating Manpower Requirements include _____a)Selection Expensesb)Financial Expensesc)Training Expensesd)Number and types of persons requiredCorrect answer is option 'D'. Can you explain this answer?
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