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Summary Unit 8 : Human Resources - Task 1 Distinction achieved

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in depth and detailed essay on business ethics unit 20 assignment 1. p1, p2, m1, d1.

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April 28, 2023
Number of pages
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2022/2023
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BTEC Business Unit 8: Human Resources
Task 1: Explore factors that can impact human resource planning in business
P1: Explain the processes involved when a large business organisation plans its human
resources
P2: Explain methods used to review human resource practices in a business organisation and
the importance to business planning
M1: Analyse their importance to business success of effective human resource processes and
planning.
D1: Evaluate the effectiveness of different human resource methods and processes in relation
to business success.


Explain the processes involved when a large business organisation plans its human resources
The HR department, according to the Human Resources definition, is responsible for the
organization's most valuable asset: its workers. HR experts are in charge of ensuring that
employees have all they need to do their daily jobs, as well as fostering a healthy work
environment that attracts and maintains skilled individuals and as well as hiring the right
people. It is the human resource planning process that assists the organization's management
in fulfilling the organization's future human resource demand by providing the appropriate
people in the suitable numbers at the appropriate time and place. Furthermore, management
may only begin the recruitment and selection process when a thorough analysis of the HR
requirements has been completed. HRP is also critical to the organization's performance in
accomplishing its strategy and objectives.
Human resource management encompasses a number of functions related to the supervision
of employees. Human resource planning, employment, placement, training, appraisal,
remuneration, and employee upkeep are all part of this process. In most organizations, a
distinct department known as the Human Resource Department is developed to efficiently
perform these tasks. Human resource management, as a factor of production, is distinct from
other elements such as equipment and machinery in that it has its own will. Human beings
can put forth their best efforts and operate more efficiently and effectively if they are
adequately encouraged or motivated by management.
The labour market is the meeting point of job supply and demand, with workers or labour
supplying the services that employers require. The worker could be anyone who wants to
give his services for a fee, whereas the employer could be a single entity or an organization
that needs someone to accomplish a specific job or finish a task. Labour market analysis is an
important aspect of an organization's recruitment process because it not only helps it locate
the best people for the jobs it has to offer, but it also guarantees that its employees are paid
fairly. This is critical in order for a company to retain its skilled employees and also maintain
its productivity. Finding the correct quantity of workers, with the right abilities, at the right
time is the aim of labour demand forecasting. When it comes to forecasting labor demand,
there are two common approaches: quantitative and qualitative. The quantitative method is
frequently driven by HR and computer specialists who specialize in this area and use a range
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