Asked by Joseph Zorzoli on Jun 22, 2024
Verified
Several studies have shown that the approaches firms take to manage their human resources can increase profitability, annual sales per employee (productivity), market value, and earnings-per-share growth.
Human Resources
The department within an organization that deals with the management, support, and development of its employees.
Profitability
The degree to which a business or activity yields profit or financial gain.
Market Value
The present cost at which a product or service is available for purchase or sale in the market.
- Understand the significance of human resources in establishing competitive superiority.
Verified Answer
HB
Haapppyy BAAABBBSSSYYYJun 27, 2024
Final Answer :
True
Explanation :
There is evidence to support that effective human resource management can positively impact a firm's financial performance and productivity. Several research studies have shown this to be true.
Learning Objectives
- Understand the significance of human resources in establishing competitive superiority.