Explain the differences between capital and human capital


Define human resource management. What HRM functions must be performed regardless of the organization’s size?

What are the environmental factors that affect HRM? Describe each.

How might mobile HR affect the various HR functions?

Define corporate culture. Explain why corporate culture is a major internal environment factor.

This chapter describes HR’s changing role in business. Describe each component that is involved in HRM.

According to the Small Business Administration, what does a small business need to do before hiring the first employee?

What are the various designations associated with HRM?

What has been the evolution of HRM?

Explain the differences between capital and human capital.

Define profession. Do you believe that the field of HRM is a profession?

What laws have been passed in an attempt to legislate ethics?

Why is it important to have a code of ethics?

With regard to business ethics, what does the statement “what you reward is what you get” mean?

What are HR ethics?

What are the areas in which HR professionals can have a major impact on ethics?

What is corporate social responsibility?

What does corporate sustainability mean?

Why might it be difficult for corporate social responsibility to succeed in the global environment?

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Operation Management: Explain the differences between capital and human capital
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