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correct or incorrect? justify your answer pls answer asap Statement 1: HR planning is a vital strategic process for organisations in assessing current and future

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Statement 1: HR planning is a vital strategic process for organisations in assessing current and future workforce needs and developing strategies to meet those needs. However, in today's fast-paced business world we no longer need to engage in long-term workforce planning as it is impossible to predict future needs accurately. Instead, we should focus only on short-term hiring based on immediate requirements. This approach ensures that we can quickly adapt to changing market conditions. Additionally, long-term planning often involves extensive financial investments that may not yield immediate returns

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