Questions and Answers
What is human capital?
Knowledge, skills, and capabilities of individuals that have economic value to an organization
Why is human resources management important?
Managers play a key role in selecting, training, motivating, appraising, and promoting employees.
How should organizations manage human capital?
Organizations should utilize employee knowledge and invest in their development.
What is the overall framework of Human Resource Management?
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What are the key characteristics of a successful change in an organization?
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What are the two types of strategic changes mentioned in the text?
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What are the reasons why companies are integrating world economies and markets?
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What are some activities that companies of all sizes are engaging in?
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Define corporate social responsibility.
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What is sustainability and why is it important for companies?
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What is collaborative software and how does it benefit organizations?
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Who are knowledge workers and what distinguishes them from other types of workers?
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