There Are Five Steps Involved in the Human Resource Planning

question 69

True/False

There are five steps involved in the human resource planning process.

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Definitions:

New Prospects

Potential customers who have been identified as having a probable interest in a product or service but have not yet made a purchase.

Increase Sales

Strategies or actions taken to upraise the number of products or services sold, thus enhancing revenue.

Inactive Accounts

Accounts that are no longer in use or have not had any activity for a specified period of time.

Develop New Prospects

The process of identifying potential new customers who might be interested in a company's products or services.