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costs and benefits and turnover f10_updated_posted

costs and benefits and turnover f10_updated_posted -...

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The Costs and Benefits of  Human Resources 
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Differentiate human capital from  other forms of capital. What is human capital? What is unique about “human” capital? How can we differentiate between “human”  capital and other forms of capital? Example:  What is the difference between an employee  and an oil field?
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Discuss why human capital is rarely reported on an  organization’s financial statements. Financial statements: What is a balance sheet? What is an income statement? Is human capital recorded on an  organization’s balance sheet or on its  income statement? Why?
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Discuss why human resource costs are relevant to  management. Are people costs only?
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Discuss how costs related to human resources are  currently assigned to internal processes within the firm.
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Describe how human capital fits within the framework of  soft assets such as intellectual capital and describe how  intellectual capital could be measured and reported. Intellectual capital includes things like  internal processes, knowledge,  information, and experience.
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Learning Objectives (Costs  and Benefits of HR) 1.  Differentiate human capital from other forms of 
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