Question

what is the characterstics of human capital

Answer 1

Introduction to Human Capital

Mary runs her own small business, and she has been struggling to keep up with competitors who are ahead of her technologically. They are able to offer online orders and use technology to make their service faster. When Mary considers her own team, she recognizes that she has had the same team for ten years, and they provide significant experience in the business. However, she discovers that she needs to invest in more education and training for her employees. She may also need to hire new employees who are more familiar with newer technology to help her business.

This shows the various ways that Mary needs to invest in human capital to improve her business. Mary isn't the only person thinking this way. Human resource managers in organizations of all sizes need to focus on human capital because understanding and investing in it can lead to organization success.

Answer 2

Human capital is defined as the knowledge, skills, assets, and experiences that an individual has which add value to a company. It explains that not every employee has the same value; it depends on their knowledge, skills, and assets.

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