Human Resources Management Concepts Quiz

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10 Questions

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

Achieving success increasingly depends on managing talent or human capital

What does human capital describe?

Employees' knowledge, skills, and capabilities with economic value

How does human capital impact an organization's performance?

It has a tremendous impact on performance despite not showing up directly on the balance sheet

Which term is used interchangeably with human capital?

Intellectual assets

What does the phrase 'compete through people' imply?

Organizations achieve success by leveraging their human resources or talent

What term is used interchangeably with human capital?

Human resources

What does human capital describe?

Employees' knowledge, skills, and capabilities with economic value

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

Success increasingly depends on managing talent or human capital

What is the value of human capital to an organization?

It has a tremendous impact on the organization's performance

'Human capital' emphasizes the economic value of:

Employees' knowledge and skills

Test your knowledge of human resource management concepts including its importance, responsibilities, and influential trends.

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