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Human Capital Management (HCM) Quiz

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Questions and Answers

What is human capital?

A way of managing different assets in an organization (correct)

A way of measuring and evaluating how people create value

A strategic approach to people management

All of the above

What is the purpose of HCM?

To create value for organizations (correct)

To link HR and business strategy

To analyze and evaluate how people create value

To measure how policies and practices create value

What does HCM focus on?

Analyzing how people create value

Linking HR and business strategy

Measuring and evaluating how people create value (correct)

Creating value for organizations

Study Notes

The term human capital refers to the different assets that employees have that can be used to help an organization succeed.
HCM is a way of managing these assets and is important for organizations because it creates value for them.
HCM focuses on analyzing, measuring, and evaluating how people, policies, and practices in an organization create value.
HCM is a strategic approach to people management that links HR and business strategy.

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Description

Test your knowledge of Human Capital Management (HCM) with this quiz. Explore the strategic approach to managing employees and their assets, and understand its significance in creating value for organizations.