Respected human resource managers contribute to increasing the value of the firm by:
A)finding ways to raise the value of the firm's human capital.
B)limiting the reporting relationship with the senior management.
C)engaging in effective collective bargaining with employees.
D)disregarding exceptions while enforcing policies.

Question

Quizplus · Accepted Answer

Respected human resource managers contribute to increasing the value of the firm by finding ways to raise the value of the firm's human capital. This involves developing effective recruitment and retention strategies, providing employee training and development programs, and implementing fair and competitive compensation and benefits plans. By investing in their human capital, firms can increase productivity, innovation, and overall performance. Therefore, option A is the best choice. 
Option B is incorrect because limiting the reporting relationship with senior management can hinder effective communication and collaboration, which is essential for organizational success. Option C is not always desirable as engaging in effective collective bargaining requires balancing the interests of both employees and management, which can be challenging. Option D is not recommended as disregarding exceptions while enforcing policies can create unfair and inconsistent treatment of employees, resulting in decreased morale and motivation.

Respected Human Resource Managers Contribute to Increasing the Value of the Firm