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HRM560 TOP Study Guide Exam Questions and CORRECT Answers

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HR planning - The process of analyzing and identifying the need for and availability of people so that the organization can meet its strategic objectives HR planning actions - Retraining, Hiring, Firing and Shuffling existing HR forecasting - Identifying the estimated supply and demand for the different types of human resources in the organization over some future period, based on analysis of past and present demand HR Forecasting Planning Periods - Short-range plans: Forecast for the immediate HR needs of an organization Intermediate-range plans: Project one to three years into the future Long-range plans: Extend beyond three years

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