Asked by Billy Yeung on Jun 10, 2024

verifed

Verified

What type of human capital represents the kind of knowledge that employees have that benefits the firm,and that requires a deep understanding of the firm's systems,social structure,or customers?

A) generic human capital
B) financial human capital
C) technical human capital
D) firm-specific human capital

Firm-specific Human Capital

Firm-specific Human Capital refers to the unique knowledge, skills, and experiences that employees acquire through working in a particular firm, making them more valuable to that firm but not necessarily to others.

Technical Human Capital

The specialized knowledge, expertise, and skills related to technology and engineering possessed by individuals, contributing to an organization's competitive advantage.

  • Understand the importance of human capital specific to an organization.
verifed

Verified Answer

SS
Stephen SawyerJun 13, 2024
Final Answer :
D
Explanation :
Firm-specific human capital represents the type of knowledge that is unique to a particular firm and requires a deep understanding of the firm's systems, social structure, or customers. This knowledge is not easily transferable to other firms, making it a valuable asset for the firm.