The Process of Creating Value from Intellectual Capital and Sharing

question 5

Multiple Choice

The process of creating value from intellectual capital and sharing that knowledge with employees,managers,suppliers,customers,and others who need that capital is referred to as ________.

• A) knowledge management
• B) value engineering
• C) knowledge engineering
• D) earned value management

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Definitions:

HRM Process

The series of systematic steps undertaken by a human resources department to recruit, hire, manage, and develop a company's employees.

Human Capital

Represents the skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country.

Human Resource Planning

The ongoing process of systematically planning ahead to optimize and meet the future human resource needs of an organization, in alignment with its strategic goals.

Recruitment

Recruitment is the process of identifying, attracting, interviewing, selecting, and hiring employees to fill job vacancies within an organization.