Binkers Inc. is a start-up that believes in hiring only the best talent. The company has about 100 highly efficient and motivated employees. Given this information, it can be said that Binkers most likely understands the importance of _____.
A) human capital
B) benchmarking
C) contingency planning
D) job enlargement

Question

Quizplus · Accepted Answer

Binkers Inc.'s focus on hiring only the "best talent" indicates an understanding of the importance of human capital, which refers to the collective knowledge, skills, and abilities of an organization's employees. Benchmarking involves comparing an organization's performance to that of its competitors or best-in-class practices, contingency planning refers to preparing for unexpected events or crises, and job enlargement involves expanding an employee's responsibilities within their current role.