With the help of the picture write five points that how human beings
turn into human capital.
Answers
Answer:
This human resource can be transformed into human capital with effective inputs of education, health and moral values. The transformation of raw human resource into highly productive human resource with these inputs is the process of human capital formation
Answer:
Human resource refers to the stock of productive skills and technical knowledge embodied in labor. It is tangible in nature.
The goal of human resource management is to help an organization to meet strategic goals by attracting, and retaining employees and also to manage them effectively so that they deliver productive outputs.
Explanation:
The varying talents and motivations of employees are given cognizance so that incentives and working arrangements can be created to enhance each employee's contributions to organizational performance. This paper distinguishes human capital from human resources and how human resource may be transformed into human capital.