Explain the concept of “human capital” and how this relates to the modern-day workplace.
Explain the concept of “human capital” and how this relates to the modern-day workplace.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Explain the concept of “human capital” and how this relates to the modern-day workplace.
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The economic value of an employee's talents and experience is referred to as human capital. Employers admire features like loyalty and timeliness as well as assets like training, education, intelligence, talents, and mental and physical health.
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