What is the main way by which HR managers contribute to increasing the value of their firm?
A) making sure that employees focus their effort toward implementing the firm's tactical plans
B) engaging in effective collective bargaining with employees
C) consulting on legal issues with managers in other departments so that the firm avoids employee lawsuits
D) finding ways to raise the value of their firm's human capital

Question

Quizplus · Accepted Answer

The main way by which HR managers contribute to increasing the value of their firm is by finding ways to raise the value of their firm's human capital. This includes recruiting, training, and retaining talented employees who can drive innovation, productivity, and growth within the organization. By investing in employees and creating a positive work culture, HR managers help to create a competitive advantage for the firm in its industry. Options A, B, and C may be important functions of HR management, but they are not the main way that HR managers contribute to increasing firm value.

What Is the Main Way by Which HR Managers Contribute