What are the two requisites to turn human resource into human capital?
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Answer:
Human capital is an asset consisting of the knowledge and skills held by a person that can be used by an organization to advance its goals. ... The staffing function of human resource management searches, recruits and acquires employees with the human capital necessary for the organization's needs.
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Human resource can be turned in to human capital by the human formation process.
Explanation:
- Human capital is an asset with skills, experience, knowledge, personality attributes, creativity, etc. People with human capital process the capability of producing tangible benefits to the organization or country, which would in turn increase the economic value.
- Skills, and education with training are the most important two requisites.
- Convert or turn the human resource to human capital. Human capitals are considered to be the most significant capitals to improve the economy of the country.
To learn more:
1. Investment in human resource via education and health can give high rates of future "Support the statement with 5 suitable argument:
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2. What is meant by 'People as Resource'? Explain how is human resource different from other resources like land and physical capital.:
https://brainly.in/question/660440
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