Which of the following terms best encompasses the value of all the capabilities, knowledge, skills, life experiences, and motivation that people contribute to a workforce?
A)total human resources
B)human assets
C)organizational talent inventory
D)human capital

Question

Quizplus · Accepted Answer

Human capital refers to the total value of the knowledge, skills, and abilities that individuals bring to a workforce. It encompasses a wide range of factors, including education, training, experience, motivation, and personality traits. By investing in human capital development, organizations can improve their capabilities, productivity, and competitiveness. While terms such as total human resources and human assets are related to human capital, they do not fully capture the breadth and complexity of this concept. The organizational talent inventory refers to a specific type of tool used to track and evaluate employee skills and competencies, rather than the broader concept of human capital.

Which of the Following Terms Best Encompasses the Value of All