GK
BUSINESS MANAGEMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Which of the following is not a common component found in most business plans?
|
|
A description of the HR team
|
|
|
A budget and a financial analysis showing both resources and needs
|
|
|
A description of the company’s products and services
|
|
|
An executive summary
|
Explanation:
Detailed explanation-1: -Human resource planning include evaluate and redesign of HR plan, forecasting future HR needs and analysing existing HR but not recruitment.
Detailed explanation-2: -The three key elements of the HR planning process are forecasting labour demand, analysing present labour supply, and balancing projected labour demand and supply.
Detailed explanation-3: -HRM is not concerned about family matters of the employees.
Detailed explanation-4: -Solution: The scope of HRM does not include maintenance of accounts. HRM is a process of making the efficient and effective use of human resources so that the set goals are achieved.
There is 1 question to complete.