Which of the following is NOT a standard step or procedural component in executing a Markov Analysis / Markov Model for forecasting internal human resource supply and talent movement?

Markov Analysis is a quantitative technique used in Human Resource Planning (HRP) to forecast the internal supply of labor based on historical patterns of employee movement. The primary steps involved in a Markov Model include: Defining the time horizon (e.g., a one-year or three-year period). Establishing discrete states/categories (e.g., job levels, departments, or exit/retire states). Determining historical transition probabilities (e.g., the likelihood of an employee staying in a role, being promoted, transferred, or leaving the firm). Applying these probabilities to current workforce numbers to project future supply. Analyzing individual job satisfaction levels is an attitude/qualitative measurement and is not a direct mathematical parameter or procedural step within the Markov transition probability framework.