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Human resource planning system includes
  • a)
    human resource supply forecast
  • b)
    human resource inventory
  • c)
    corporate plan
  • d)
    All of the above
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Human resource planning system includesa)human resource supply forecas...
Human resource planning ensures the best fit between employees and jobs while avoiding manpower shortages or surpluses. There are four key steps of the HRP process. They include analysing present labour supply, forecasting labour demand, balancing projected labour demand with supply, and supporting organisational goals.
Community Answer
Human resource planning system includesa)human resource supply forecas...
Understanding Human Resource Planning System
Human resource planning is a strategic approach to ensuring that an organization has the right number of people with the right skills at the right time. It involves several components that work synergistically. However, the correct answer in the context of the question is option 'A' - human resource supply forecast.
Key Components of Human Resource Planning System
  • Human Resource Supply Forecast:
    - This involves estimating the future availability of human resources within the organization.
    - It helps identify potential shortages or surpluses of staff, enabling proactive measures to address these gaps.
  • Human Resource Inventory:
    - This refers to a database or a comprehensive record of the current employees, including their skills, experience, and qualifications.
    - While this is essential for planning, it is more about assessing the current state rather than forecasting future needs.
  • Corporate Plan:
    - This is the overarching strategy of an organization that outlines its direction, goals, and objectives.
    - While human resource planning aligns with the corporate plan, it is not a direct component of the HR planning system itself.

Conclusion
In summary, while human resource inventory and corporate plans play significant roles in the broader context of HR management, human resource supply forecasting is pivotal for anticipating future personnel needs. This proactive approach is crucial for effective human resource planning and aligns with the organization's strategic goals. Therefore, option 'A' is the correct answer to the question.
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Human resource planning system includesa)human resource supply forecastb)human resource inventoryc)corporate pland)All of the aboveCorrect answer is option 'A'. Can you explain this answer?
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