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Human Capital refers to (A) The attri...

Human Capital refers to _____
(A) The attributes gained by worker through education and experience
(B) Skill capacity and ability possessed by the poupulation
(C ) Material capital possessed by the human beings
(D) Population of the country

A

A and B

B

B and C

C

A and C

D

B and D

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The correct Answer is:
A
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Tricom Ltd.' a computer hardware manufacturing company imported a new machinery for manufacturing latest technology based computer systems. The human resource manager determined that for operating the new macines, the company required the necessary workers through placement agency. After 3 months, it was reported by the production manager that the workers were not able to meet the target production. The General Manager got annoyed and ordered inquiry for the same. It was reported that the newly recuired workers possessed the necessary skills and abilities but lacked the willingness to do work. (i) Name the functions of management involved above. (ii) Name the relevent concept of functions identified in (i). (iii) Which concept of management will help the company in meeting the target production ?

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