Asked by Abigail Rodefer on Jun 12, 2024
Verified
Individuals can differentiate themselves by making human capital investments, just as a firm can differentiate itself by paying higher wages.
Human Capital Investments
Are investments people make in themselves to increase their value in the workplace. These investments might take the form of additional education or training.
Differentiate
To distinguish or set apart different items, concepts, or entities based on their unique characteristics or qualities.
- Ascertain the contribution of human capital investments to the achievement levels of individuals and corporations.
Verified Answer
RB
Rachel BradfordJun 16, 2024
Final Answer :
True
Explanation :
Individuals can differentiate themselves by investing in their human capital through education, training, and acquiring new skills, similar to how a firm can differentiate itself by offering higher wages to attract and retain better talent.
Learning Objectives
- Ascertain the contribution of human capital investments to the achievement levels of individuals and corporations.