0
1. human capital refers to the people who posses the knowledge and enterprises together the other factors of production.
2. investment in the human capital yields a return just like investment in physical capital
3. its is essential as physical capital cannot produce goods and services on their own.
4. humans have made these physical capital without human they are useles..!!
:D..!! oL dA beST..:)
Wiki User
ā 13y ago
Add your answer:
Earn +20 pts
The success of any organization primarily depends upon how good the management of the organization is Elaborate?
Effective management of any enterprise or activity requires efficient and effective use of all the available resources for the achievement of desired objectives. The resources used include men, machines, material and money. Out of these most important resource is men, which is in turn also affect in a big way how effectively other resources are used jointly. Thus the success of any establishment or enterprise depends heavily on management of its human resources. The human resources in turn form the organization structure of the enterprise. Therefore, management of the organization constitutes the means through which the human resources are put to work. As a result effective management of organization leads to effective utilization of human resources of the enterprise, which in turn plays a major role in success of the complete enterprise.
Differences between human resources and strategic human resources?
Human resources typically refers to the people who work within an organization. While businesses carefully monitor their non-human resources (equipment, supplies, machinery, furniture, etc...) they rarely assess the value of their "human" resources - the skills, abilities, potential, and weaknesses of their staff. Strategic human resources is the process of assessing your people's skills, and creating a game plan to train, mentor and develop them so they can be used the most effectively towards the success of the company.
What are the advantages which the company will obtain from establishing the Human Resources department?
What does a Human Resources department do? The Human Resources Department is responsible for the hiring, training, and onboarding of new employees. Human Resources needs to understand the organizationās requirements and needs to analyze the market and manage budgets. A Human Resources Department managing people who work for you becomes its own full-time job. Many tasks are doing by the Human Resources department. Human Resources Personnel Administration management: Human Resources Personnel Administration management of staff is one of the central tasks. A human resources staffing firm first understands an organizationās need, focusing on the candidate's knowledge, talent, and understand capability. Human Resources Personnel recruitment: The main function of HR staffing firm is attracting and selecting the best talent. HR Department Hire the right employees for the right position. HR arranging interviews, hiring new talented employees. When candidates have applied for a post, an interview process is launched. The appointed selection committee interviews identify and select those who are the most qualified and those with the most potential. Training and supporting managers: HR provides mangement guidance to manage, training to new employees ad supporting the organization. HR Department should also implement staff training and ensure the growth of every employee in the company development and skills for company growth.
Why is Human resources management important?
Human resource management is important in organizations because it helps managers understand and motivate their employees. Human resources management also helps the organization remain compliant with employment laws.
What is human resources of a company?
Human resources is a term used to describe the individuals who make up the workforce of an organization. Human resources is also the name of the function within a company charged with the overall responsibility for implementing strategies and policies relating to the management of individuals (i.e. the human resources). This function title is often abbreviated to the initials "HR".Human Resources may be the most misunderstood of all corporate departments, but it's also the most necessary. Those who work in Human Resources are not only responsible for hiring and firing, they also handle contacting job references and administering employee benefits.It's true that any individual who works in Human Resources must be a "people person." Since anyone in this department deals with a number of employees, as well as outside individuals, on any given day, a pleasant demeanor is a must.Managing employees is a major job, so those in Human Resources must be equal to the task. Ten or twenty years ago, Human Resources personnel were rarely seen. Instead they worked behind the scenes to ensure personnel records were in order and employee benefits were being properly administered, but the job stopped there. Today's Human Resources personnel don't only handle small administrative tasks. They are responsible for staffing major corporations.
What is the most important resource in an organization?
I am curious about the answer. I will suggest the answer is human resources.
The success of any organization primarily depends upon how good the management of the organization is Elaborate?
Effective management of any enterprise or activity requires efficient and effective use of all the available resources for the achievement of desired objectives. The resources used include men, machines, material and money. Out of these most important resource is men, which is in turn also affect in a big way how effectively other resources are used jointly. Thus the success of any establishment or enterprise depends heavily on management of its human resources. The human resources in turn form the organization structure of the enterprise. Therefore, management of the organization constitutes the means through which the human resources are put to work. As a result effective management of organization leads to effective utilization of human resources of the enterprise, which in turn plays a major role in success of the complete enterprise.
What are the different meanings for hro?
The most popular meaning of hro stands for human resources operations.Other definitions include high reliability organization,housing referral office,human rights organization,harassment restraining order,and human rights ordinance
Differences between human resources and strategic human resources?
Human resources typically refers to the people who work within an organization. While businesses carefully monitor their non-human resources (equipment, supplies, machinery, furniture, etc...) they rarely assess the value of their "human" resources - the skills, abilities, potential, and weaknesses of their staff. Strategic human resources is the process of assessing your people's skills, and creating a game plan to train, mentor and develop them so they can be used the most effectively towards the success of the company.
What is HR in MBA?
Employees are the most important asset for an organization. The Human Resource department (HR) is responsible to select, recruit, train and cater to the needs of employees. Thus, management personnel in the HR department required to have good skills in the management of people (human resources), effective communication with employees, and good labor relations. The MBA in Human Resources will combine the generic MBA with specialized human resources training such as employee training and recruitment, planning and mediation. You will also learn how to integrate HR strategies with the company's overall human resources allocation plan. HR plays a critical role in the management of employees, which in turn helps the organization reach its goals and objectives. Thus, employees training in this area are of utmost importance.
What are the inputs provided by HR for manpower planning?
Human resource planning is becoming one of the most important functions within an organization. Align competencies and incentives of human resources to business objectives. Ensure employees focus efforts on the most important activities, by providing a clear line of sight from daily activities to the organization's strategy.
What is the most common human resources?
Labour
What is the most importance in human resource management?
tournant
What are the advantages which the company will obtain from establishing the Human Resources department?
What does a Human Resources department do? The Human Resources Department is responsible for the hiring, training, and onboarding of new employees. Human Resources needs to understand the organizationās requirements and needs to analyze the market and manage budgets. A Human Resources Department managing people who work for you becomes its own full-time job. Many tasks are doing by the Human Resources department. Human Resources Personnel Administration management: Human Resources Personnel Administration management of staff is one of the central tasks. A human resources staffing firm first understands an organizationās need, focusing on the candidate's knowledge, talent, and understand capability. Human Resources Personnel recruitment: The main function of HR staffing firm is attracting and selecting the best talent. HR Department Hire the right employees for the right position. HR arranging interviews, hiring new talented employees. When candidates have applied for a post, an interview process is launched. The appointed selection committee interviews identify and select those who are the most qualified and those with the most potential. Training and supporting managers: HR provides mangement guidance to manage, training to new employees ad supporting the organization. HR Department should also implement staff training and ensure the growth of every employee in the company development and skills for company growth.
Compare and contrast the difference between personnel management and human resources management?
compare and contrast personnel management and human resource managrment
Why is Human resources management important?
Human resource management is important in organizations because it helps managers understand and motivate their employees. Human resources management also helps the organization remain compliant with employment laws.
Which level of organization is the most numerous in the human body?
is it cells
