Human Capital Is

question 64

Multiple Choice

Human capital is

• A)a stock of equipment and structures.
• B)the result of investments workers make in themselves such as on-the-job training.
• C)a difference in wages that arises to offset the nonmonetary characteristics of different jobs.
• D)inversely related to the supply of workers.

Recognize the influence of initial information on impression formation and the role of the primacy effect.

Identify stereotypes and their impact on perception and interaction.

Understand the conditions under which cognitive dissonance is more likely to occur and how it relates to self-worth.

Explain how the presence of others affects individual performance through concepts like social facilitation and social loafing.

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Definitions:

Golden Handcuffs

Financial incentives or contractual agreements designed to retain valuable employees by offering benefits that they would lose if they leave before a certain period.

Continuance Commitment

An employee's loyalty to an organization based on the costs they associate with leaving, such as losing benefits or facing a lack of suitable job alternatives.

Job Evaluations

are systematic processes used by organizations to determine the relative value, importance, or complexity of a job in relation to other jobs within the organization.

Reward System

A structured scheme within organizations to incentivize and recognize employee performance, contributing to motivation and job satisfaction.