Which of the following statements is incorrect?    a) In the first stage of human resource planning, needs estimation takes place.  B) While evaluating the current situation with human resources planning, SWOT analysis is used.  NS) If the demand is greater than the supply when the needs and current situations are compared, the supply should be reduced.   D) Different businesses may use different approaches to planning at different times.   TO) In some cases, the planning is carried out entirely by experts, while in some cases, operations management may take responsibility.

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Which of the following statements is incorrect?

 
 a)

In the first stage of human resource planning, needs estimation takes place.

 B)

While evaluating the current situation with human resources planning, SWOT analysis is used.

 NS)

If the demand is greater than the supply when the needs and current situations are compared, the supply should be reduced. 

 D)

Different businesses may use different approaches to planning at different times. 

 TO)

In some cases, the planning is carried out entirely by experts, while in some cases, operations management may take responsibility.

 

Expert Solution
Step 1

Human resource planning is a process that includes an organised planning to achieve organisational goals by the optimum use of resources. It gives surety that there is no shortage or excess of the manpower. The four stages of human resource planning includes : identifying how much labor is required, outlining labor demand, balancing supply of and demand for labor, and lastly developing human resources. 

SWOT analysis plays an important role while evaluating the current situation with human resources planning. Using SWOT analysis, an organisation gets a clear image for the dimensions that are to be carried out to identify the need of human resources. 

When the needs and current situations are compared, if the demand of goods and services is greater than the supply of goods and services, the problem of scarcity of goods and services arises. Therefore, the supply of goods and services should not be reduced. 

In the world full of competition, everyone want to succeed and comes out with something new that makes them different from others. Thus, Different businesses may use different approaches to planning at different times. 

The responsibilities and duties are always divided among the people in an organisation. But different organisations act differently and every organisation has its own need of experts and managers. Sometimes, experts may not get as what the organisation actually needs. In some cases, the planning is carried out entirely by experts, while in some cases, operations management may take responsibility. 

 

 

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