The first step in HRP is

Question

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The first step in human resource planning (HRP) is to forecast labor demand. This involves analyzing the organization's business plans and projecting the number and types of employees needed to achieve its objectives. Only after forecasting labor demand can the organization then proceed with developing strategies to meet that demand, such as conducting a skills inventory or forecasting labor supply. However, determining product demand is an important consideration for overall business planning, but not necessarily the first step in HRP.

The First Step in HRP Is