Asked by Brittney Britt on May 11, 2024
Verified
Costs incurred in training,motivating,compensating,and monitoring employees can be viewed as investments in human capital that result in gains to productivity per worker.How does this type of investment yield such gains?
A) by matching the business strategy to the external environment
B) by matching the capabilities of employees with the corporate strategy
C) by matching the needs of the employees to their desires for empowerment
D) by matching the HR strategy to the potential employee competencies
Human Capital
The collective skills, knowledge, and expertise that employees bring to their workplace, regarded as a valuable asset to the company.
Productivity
The measurement of efficiency in which inputs (such as labor and materials) are converted into outputs (goods and services).
Corporate Strategy
The overarching plan of action that determines the direction of an enterprise and its goal of creating, maintaining, and developing a competitive advantage.
- Understand how investments in human capital can enhance productivity.
Verified Answer
DW
Daniel WoodsMay 12, 2024
Final Answer :
B
Explanation :
By investing in training, motivating, compensating, and monitoring employees, organizations can improve the skills and knowledge of their workforce, align their capabilities with the corporate strategy, and create a culture of continuous improvement. This, in turn, leads to increased productivity per worker and improved performance outcomes. Matching the capabilities of employees with the business strategy is essential to achieve these gains. It ensures that employees have the necessary skills and knowledge to contribute to the achievement of organizational goals and objectives.
Learning Objectives
- Understand how investments in human capital can enhance productivity.