A Firm's Human Capital Would Increase with

question 73

Multiple Choice

A firm's human capital would increase with

• A) a decrease in the number of employees.
• B) new and improved equipment and machinery.
• C) a larger facility.
• D) on-the-job training.
• E) fewer managers per worker.

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Definitions:

Organizational Image

The public perception or the general impression that people have about a company, institution, or organization.

Scenario Planning

A strategic planning method that organizations use to envision different future scenarios and develop plans to effectively respond to potential challenges and opportunities.

Judgmental Forecasts

Predictions about future events or trends based on subjective judgments, insights, and opinions, rather than on quantitative data.

Internal Environment

Refers to factors within an organization that impact its operations and culture, including its employees, management, corporate culture, and internal processes.