ABC Corporation wants to expand on its markets in its new strategic plan. The plan covers the use of key resources available to the firm, including technology, people, and access to capital. Which of the following would be a critical human capital component of the plan?
A) capital investments
B) employees' skills
C) new markets
D) updated technology

Question

Quizplus · Accepted Answer

Employees' skills are a critical human capital component because human capital refers to the attributes that employees bring to the workplace, such as their knowledge, skills, and abilities, which are essential for implementing strategic plans and achieving organizational goals.

ABC Corporation Wants to Expand on Its Markets in Its