3 What does it means when HR departments are challenged to b

3) What does it means when HR departments are challenged to be strategic partners of an organizations? a) Hire talent ) Hverulated achinew compotitivn avantage d) Hire people that love their jobs O b) Evaluate employees to improve performance O c) HR-related activities achieve a competitive advantage O d) Hire people that love their jobs Question 4 (1 point) 4) What is human capital? and c) salaries and wa d) all the above 6 DEL 7 8 9 0 BACK SPACE 6 H J K L

Solution

3. Correct Answer- a

According to the recent HR Department Survey, the role of HR is evolving as a strategic business partner. A strategic approach to HR means going beyond the administrative tasks like payroll processing. Instead, managers need to think more broadly and deeply about how employees will contribute to the company’s success.

4. Correct Answer- a

Human capital is a term popularized by Gary Becker, an economist from the University of Chicago, and Jacob Mincer that refers to the stock of knowledge, habits, social and personality attributes, including creativity, embodied in the ability to perform labor so as to produce economic value.