Which of the following statements are correct?
1. Manpower planning helps the organisation to realise the importance of manpower management which ultimately helps in the stability of a concern.
2. Manpower planning helps in reducing the overall cost of production by making optimum use of physical resources in an organisation.
A. Both statements are correct
B. Statement 1 is correct and Statement 2 is incorrect
C. Both statements are incorrect
D. Statement 2 is correct and Statement 1 is incorrect
Answer: Option B
Related Questions on Human Resource Management (HRM)
The meaning of the acronym HRM is
A. Human Relations Management
B. Humanistic Resource Management
C. Human Resource Management
D. Human Resourceful Management
A. A staff functions
B. A line function
C. A staff function, line function and accounting function
D. All of the above
Finding ways to reduce ________ is a key responsibility of management.
A. Dissatisfaction
B. Uncertainty
C. Stress
D. None of the above
The ________ and control systems should be altered to support the strategic human resource function.
A. Appointment
B. Reward
C. Job allotment
D. None of the above
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