Today, more than ever, strategic decisions are related to human resource considerations. Which of the following refers to the economic value of the knowledge, experience, skills, and capabilities of employees?
A) Human capital
B) Economic capital
C) Contingency assets
D) Capital assets
E) Economic assets

Question

Quizplus · Accepted Answer

Human capital refers to the economic value of the knowledge, experience, skills, and capabilities of employees. It is increasingly recognized as a critical factor influencing strategic decisions in organizations. Option B, C, D, and E are not correct as they do not refer to the value of human resources.

Today, More Than Ever, Strategic Decisions Are Related to Human