Human Resources Management Concepts Quiz
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Questions and Answers

What is the notion that organizations 'compete through people' highlighting?

  • Achieving success depends solely on technological advancements
  • Achieving success depends solely on market demand
  • Achieving success depends solely on financial resources
  • Achieving success increasingly depends on managing talent or human capital (correct)

What does human capital describe?

  • The marketing strategies of a company
  • Employees' knowledge, skills, and capabilities with economic value (correct)
  • The financial assets of a company
  • The physical infrastructure of a company

How does human capital impact an organization's performance?

  • It has no impact on performance
  • It only impacts the financial aspects of an organization
  • It has a tremendous impact on performance despite not showing up directly on the balance sheet (correct)
  • It has minimal impact on performance as it is not directly reflected on the balance sheet

Which term is used interchangeably with human capital?

<p>Intellectual assets (C)</p> Signup and view all the answers

What does the phrase 'compete through people' imply?

<p>Organizations achieve success by leveraging their human resources or talent (C)</p> Signup and view all the answers

What term is used interchangeably with human capital?

<p>Human resources (C)</p> Signup and view all the answers

What does human capital describe?

<p>Employees' knowledge, skills, and capabilities with economic value (D)</p> Signup and view all the answers

What does the notion that organizations 'compete through people' highlight?

<p>Success increasingly depends on managing talent or human capital (B)</p> Signup and view all the answers

What is the value of human capital to an organization?

<p>It has a tremendous impact on the organization's performance (C)</p> Signup and view all the answers

'Human capital' emphasizes the economic value of:

<p>Employees' knowledge and skills (B)</p> Signup and view all the answers

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