The main way HR managers contribute to increasing the value of their firm is by:
A) finding ways to raise the value of their firm's human capital.
B) consulting on legal issues with managers in other departments, so that the firm avoids employee lawsuits.
C) engaging in effective collective bargaining with employees.
D) ensuring that employees focus their effort solely toward profit maximization and therefore, increase the market share value.

Question

Quizplus · Accepted Answer

HR managers contribute to increasing the value of their firm by finding ways to increase the value of their firm's human capital. This means recruiting, selecting, and developing employees who have the skills and competencies that align with the company's mission and strategic goals. HR managers can also design and implement performance management systems that motivate employees and help them achieve their full potential. By improving the quality of their workforce, HR managers can enhance the firm's productivity, innovation, and competitiveness, which can lead to higher profits and market share.

The Main Way HR Managers Contribute to Increasing the Value