Detailed Answer
Correct answer: (C)
Formalizes the process of developing talent from within the organization to fill needed roles
As a result of changing technology and increased global competition, organizations find it increasingly difficult to fill some of their HR needs with already-trained employees. Consequently, many organizations find it more and more necessary to do their own training and to develop talent from within the organization. HR planning helps formalize this necessity and articulates management’s concern for effectively utilizing its human resources now and in the future.