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Why is it important to have a good understanding of the organization's products or services and the nature of the target market when completing the
Why is it important to have a good understanding of the organization's products or services and the nature of the target market when completing the HR canvas?This question is required.* A These aspects impact the organization's direction and help HR formulate long- and short-term strategies to respond to current and future needs in terms of training, performance management, and incentive structures. B These aspects impact business strategy. By understanding them, HR can educate new and potential employees on recognizing their responsibility in supporting the organization's business objectives, budget requirements, and operations. C These aspects provide a good starting point for HR to understand how the broader operational model and critical industry challenges enable them to develop appropriate operational plans to support and improve day-to-day operations. D These aspects impact the organization's bottom line. By understanding this, HR can identify and proactively address possible concerns and problems to ensure minimal disruption to production, sales, and marketing functions
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