An effective HRM plan provides value to the organization when it:
A) is completely based on forecast figures of the organization.
B) incorporates the legislative changes occurring outside the organization.
C) establishes generic and wide-ranging goals for the organization.
D) imitates the plan used by other companies like its branches or competitors.
E) excludes the challenges faced by the company and focuses only on the strengths.

Question

Quizplus · Accepted Answer

Incorporating legislative changes is important for the HRM plan to remain legally compliant and avoid any penalties or legal issues. A plan solely based on forecast figures may not address the changes in labor laws or regulations. Establishing generic goals may not be specific enough to address the challenges faced by the organization, and imitating other companies' plans may not be effective as every organization has unique needs. Excluding challenges faced by the company may lead to a plan that is not comprehensive and may not address the problems faced by the organization.

An Effective HRM Plan Provides Value to the Organization When