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The first step in the human resource planning process is

A. Preparing a job analysis

B. Forecasting future human resource needs

C. Assessing future demand

D. Assessing future supply

Answer: Option B

Solution(By Examveda Team)

The first step in the human resource planning process is forecasting future human resource needs. Human resources (HR) forecasting involves projecting labor needs and the effects they'll have on a business. An HR department forecasts both short- and long-term staffing needs based on projected sales, office growth, attrition and other factors that affect a company's need for labor.

This Question Belongs to Management >> Human Resource Management (HRM)

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