Asked by Elizabeth Morrical on Jul 03, 2024
Verified
Which of the following statements is true of human capital investments?
A) They do not include on-the-job training.
B) They affect a firm's location strategies.
C) They do not influence individuals' decisions to enter the labor market.
D) They lead to a decrease in the wages of individuals.
Human Capital Investments
The process of providing employees with education, training, and health benefits to improve their knowledge, skills, and abilities for better productivity and performance.
On-The-Job Training
A training method where employees learn and acquire skills while performing their actual job tasks.
- Determine the impact of investing in human capital on the success of individuals and organizations.
Verified Answer
ZK
Zybrea KnightJul 05, 2024
Final Answer :
B
Explanation :
Human capital investments, such as education and training, can significantly influence a firm's location strategies by attracting companies to areas with a highly skilled workforce.
Learning Objectives
- Determine the impact of investing in human capital on the success of individuals and organizations.
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