The 'educational level' of executive is classified as?
Correct answer: B. human capital
- A. working capital
- B. human capital
- C. compensation capital
- D. size of working capital
Explanation
An executive’s education, skills and experience are forms of human capital because they represent productive capabilities embodied in a person. Working capital refers to short-term operating assets, not employee qualifications.
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About Human Resource Management
Human resource management deals with acquiring, developing, rewarding and retaining employees within an organisation. It includes job analysis, recruitment, selection, training, performance appraisal, compensation, career planning, labour relations and workplace discipline. Recruitment attracts applicants, while selection evaluates them and chooses the most suitable candidate.
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