_______________ refers to the economic value of the combined knowledge,experience,skills and capabilities of employees.

Question

Quizplus · Accepted Answer

Human capital refers to the economic value of the combined knowledge, experience, skills, and capabilities of employees. It is an important concept in measuring the productivity and potential of a workforce. Social capital refers to the networks, norms, and trust that facilitate cooperation among individuals and groups, while the new social contract refers to the evolving relationship between employers and employees in response to changing economic, social, and political conditions. Outsourcing is the practice of hiring an external company to perform a task or activity that is normally done in-house, while a realistic job preview is a recruiting strategy aimed at providing prospective employees with an accurate portrayal of the job and work environment they will be entering.

_______________ Refers to the Economic Value of the Combined Knowledge,experience,skills