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Which of the following is NOT a part of HR planning?

  • (i) Training and development
  • (ii) Investment planning
  • (iii) Learning and development
  • (iv) Selection
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Correct Answer: (ii) Investment planning

Explanation (2 Marks):

HR Planning (Manpower Planning) = systematic process of forecasting demand/supply and planning to ensure right number and kind of people at right place/time.

Includes:

  • (i) Training & Development / (iii) Learning & Development → to bridge skill gaps, develop talent pipeline - integral part of HR plan
  • (iv) Selection → procurement of HR as per plan
  • Also includes: Demand forecasting, supply forecasting, career planning, succession planning, HRP-job design.

NOT part:

  • (ii) Investment planning → belongs to Financial Management (capital budgeting, portfolio investment), not HR planning. It deals with funds, not human resources.

Hence Investment planning is not a component of HR planning.

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