Which of the Following Statements Is True About Human Capital

question 55

Multiple Choice

Which of the following statements is true about human capital in an organization?

• A)Human capital helps the organization use opportunities more than realizing them.
• B)Existence of human capital increases the threats in the external environment.
• C)Human capital is non-substitutable though it is abundant.
• D)Human capital is independent of the challenges of the external environment.
• E)It is a key variable in the HPWP model of organizational effectiveness.

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Definitions:

Credit Sales

Sales made by a business where payment is delayed, often part of a strategy to increase sales by offering customers flexibility.

COGS

The cost of goods sold; it represents the direct costs attributable to the production of goods sold in a company.

Inventory Period

The average time an item remains in inventory before being sold, indicating the efficiency of inventory management.

Accounts Payable Period

The average amount of time it takes for a business to pay its invoices from suppliers and creditors.