Essentially, the Steps of the Human Resource Plan Require the HR

question 264

True/False

Essentially, the steps of the human resource plan require the HR professional to (1) take inventory of the type of workers (including the skills of the workers) that the business already has, in order to determine if it has the most up-to-date workforce for its needs; he/she then proceeds with (2) analyzing each job; (3) forecasting the firm's requirements for various job titles; and (4) making a determination of the future supply of skilled labor available to meet the demands of the business. Lastly, the HR professional (5) develops a human resource strategic plan.

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Definitions:

Random Sample

A selection taken from a group where each individual has the same probability of being chosen.

Hypothesis

A proposed explanation for a phenomenon, designed to be tested through experimentation or observation.

Mean Diameter

The average length of a set of diameters measured across different points or objects.

Variance

A measure of the dispersion of a set of data points around their mean value, indicating how spread out the data points are.