PRC-3 · Chapter 8 · Question 53 of 74
An HR manager looks at the company's 5-year expansion strategy and calculates that they will need to hire exactly 45 new structural engineers by 2028 to meet production goals. What is this forecasting process called?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) Human Resource Planning (HRP)
Explanation
Human Resource Planning involves forecasting an organization's future demand for labor and ensuring the right number of skilled people are available.
More Human Resource Strategies MCQs
- Q55Following a job analysis, HR produces a formal document detailing the job title, the location of the work, the reporting manager, and a…
- Q56To hire a new legal advisor, HR issues a document stating: 'The ideal candidate must have an LLB degree, 5 years of corporate law…
- Q57A multi-national bank places advertisements on LinkedIn, job portals, and university notice boards to attract a large pool of applicants…
- Q58Out of 500 applicants, the HR team uses aptitude tests, group discussions, and multiple panel interviews to filter the list down and offer…
- Q59Before finalizing a job offer for a cashier position, a bank contacts the candidate's previous employers and checks their financial credit…
