The First Four Steps in Human Resource Planning All Lead

question 41

True/False

The first four steps in human resource planning all lead up to the final step,which is the development of a strategic human resource plan.

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Definitions:

HR Activities

Functions and tasks undertaken by the human resources department, including recruitment, training, performance management, and compensation.

Outsourcing

The practice of hiring external organizations or individuals to perform services or create goods that traditionally were performed in-house by the company's own employees and staff.

Risks

The potential for losing something of value or the possibility of an adverse outcome resulting from a given action, activity, or decision.

Outsourcing

The practice of hiring third parties to perform services or produce goods that were previously handled in-house, typically to cut costs and improve efficiency.