Which of the following statements about human resource planning is correct?

Question

Quizplus · Accepted Answer

The training approach is necessary when there is a shortage of people with required skills. This approach helps to develop the existing workforce and equip them with the necessary skills to meet the organization's requirements. Option A is incorrect because the selection approach can harm existing employees if they are not considered for the new positions. Option B is incorrect because the training approach can be more expensive than the selection approach due to the costs associated with training programs. Option C is incorrect because human resource plans should consider both the organization's needs and the employees' needs to ensure a balance between both.

Which of the Following Statements About Human Resource Planning Is