Organizations carry out human resource planning to

A) reduce hiring of workers from colleges and universities.
B) increase hiring costs to match industry standards.
C) avoid taking risks.
D) gain an advantage over competitors.
E) replace technology with highly skilled workers.

The purpose of human resource planning is to gain an advantage over competitors by ensuring that an organization has the right number of people with the right skills in the right roles at the right time to meet business objectives. This includes forecasting future workforce needs, identifying internal talent pools, and developing strategies to recruit, train, and retain employees. While reducing hiring of workers from colleges and universities or replacing technology with highly skilled workers may be considerations in human resource planning, they are not the primary reasons organizations undertake this process. Avoiding risks and matching industry hiring costs are also not objectives of human resource planning.