Question

Q1)What is Human Resource?

Q2) What do you understand by people as a resource?
[“it refers to a country’s working population in terms of their existing productive skills and abilities.” Please explain this answer in easy words.]

Q3) What is human capital?
[“Human capital is the stock of skill and productive knowledge” Kindly explain this answer]

Q4) Is ‘people as a resource’ and human capital the same thing? How?



Kindly answer these answers quick.
(25 pts)

Answer 1

Holla dear!!!...

your answer:-

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1. Human Resources is also the function in an organization that deals with the people and issues related to people such as compensation and benefits, recruiting and hiring employees, onboarding employees, performance management, training, and organization development and culture.

2. People as a resource' is a way of referring to a country's working peooie in terms of their existing productive skills and abilities. Because the humans contribute to GDP, they are also considered as a resource.

3. the collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value for the individuals, their employers, or their community: Education is an investment in human capital that pays off in terms of higher productivity.

4. Human capital is a loose term that refers to knowledge, experience and skills of an employee. ... It states that companies have an incentive to seek productive human capital and to add to the human capital of their existing employees.

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thanks

Answer 2

Hey Mate!!!!

your answer is......

Q1)What is Human Resource?

ans.The division of a company that is focused on activities relating to employees. These activities normally include recruiting and hiring of new employees, orientation and training of current employees, employee benefits, and retention. Formerly called personnel.

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Q2) What do you understand by people as a resource?

ans.'People as a resource' is a way of referring to a country's working peooie in terms of their existing productive skills and abilities. Because the humans contribute to GDP, they are also considered as a resource.



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Q3) What is human capital?

human capital is defined as: “the knowledge, skills, competencies and other attributes embodied in individuals or groups of individuals acquired during their life and used to produce goods, services or ideas in market circumstances”.

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Q4) Is ‘people as a resource’ and human capital the same thing? How?

No.

There is a large difference between human capital and knowledge management. Human capital refers to the measure of the economic value of an employee's skill set.

Quite simply one might say that it means organizing an organization's information and knowledge holistically, but that sounds a bit wooly, and surprisingly enough, even though it sounds overbroad, it is not the whole picture. Very early on in the KM movement, Davenport (1994) offered the still widely quoted definition: "Knowledge management is the process of capturing, distributing, and effectively using knowledge."

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