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Question : The "cost of human capital" includes:

 

Option 1: The salary paid to employees

Option 2: The financial investment in education and training

Option 3: The cost of healthcare services

Option 4: The market value of human resources in a company


Team Careers360 17th Jan, 2024
Answer (1)
Team Careers360 20th Jan, 2024

Correct Answer: The financial investment in education and training


Solution : The correct answer is (b) The financial investment in education and training.

The "cost of human capital" refers to the expenses incurred in developing and enhancing the knowledge, skills, and abilities of individuals. This includes the investment made by individuals, organizations, or society in education, training programs, skill development initiatives, and other forms of human capital development.

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