Objectives. Identify & describe essential management functions Identify the factors of production Explain the importance of human resource planning Discuss roles in human resource management (HRM) Workforce planning Recruitment Training & motivation Dismissal & redundancy Work structure.
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Achieve Organization’s Objectives
Anticipating organization’s current & future labor needs
Historical Data & Trends
Sales & Income Levels
Labor Turnover Rates
Number of Employees Required
Type of Employees Needed
Unable to Achieve Objectives