Correct Answer: Correct answer is: (C) Only 1, 2, 3.
Exam Relevance: HRM exams, MBA exams, Management exams
Difficulty: Moderate
Concept notes: Sustainability in a business context refers to the ability to maintain operations and growth over the long term. HR planning involves assessing current workforce capabilities and aligning them with future needs. HR strategies must align with the organization's mission, strategies, and goals.
Common Mistakes: Students may overlook the importance of aligning HR strategies with the organization's mission and goals, leading to an incorrect choice.
Explanations: Sustainability (Statement 1) is about a company's ability to survive in a competitive environment, which is a valid concept. HR planning (Statement 2) involves comparing current workforce skills with future needs, which is also accurate. HR must align with the organization's mission, strategies, and goals (Statement 3), which is true. Therefore, all three statements are correct.
Option Analysis: - Option A: Incorrect because it excludes Statement 3.
- Option B: Incorrect because it excludes Statement 1.
- Option C: Correct because it includes all three statements.
- Option D: Incorrect because it excludes Statement 2.
Mnemonic: S-HR-M: Sustainability, Human Resources, Mission