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Questions and Answers
What is human capital?
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?
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?
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
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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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