Jeff wants to start his own business and he's eager to make it successful.He remembers his sociology professor talking about socialization theory,human capital,and allocation theory.Armed with this knowledge,what should be Jeff's strategy in building up his business?

Question

Quizplus · Accepted Answer

Jeff should follow the human capital theory and hire mostly university graduates who have the necessary skills and high productivity levels. This will help him build a strong and productive workforce that will contribute to the success of his business. Hiring fewer university graduates may result in hiring less skilled workers with lower productivity levels, which could harm Jeff's business.

Jeff Wants to Start His Own Business and He's Eager