Explain simple human capital model, HR Management

Assignment Help:

Question:

i) Using a simple human capital model explain the rationale for undertaking higher education.

ii) Why do some people vary significantly the amounts of human capital which they acquire?

iii) After graduating from high school, Paul is thinking about enrolling in a one-year course in e-commerce. The direct costs of the course are $1,500 and the opportunity cost is $4,500. Upon completion of the course, he plans to work at Skynet Corporation for three years and then retire. The expected incremental income after completion of training is $2500, $3,000 and $3,500 for the three years he intends to work. The relevant interest rate is 10%. Is the decision to enroll in the e-commerce course rational? Discuss.


Related Discussions:- Explain simple human capital model

Task interdependence, T ask Interdependence That is the extent ...

T ask Interdependence That is the extent in which a task requires people to work interdependently for their successful completion. For example to making a car can be de

Explain how the role of the hr manager, On successful completion of this un...

On successful completion of this unit, students should be able to: 1. Explain the role of human resource (HR) managers and their part in achieving organisational goals.

Explain listening in communication process, Explain Listening in Communicat...

Explain Listening in Communication Process? This is a skill. Careful concentration is needed to be understood. To get the attention of listeners, depend on our choice of words,

Selection, Name and explain important aspects that should be adhered to whe...

Name and explain important aspects that should be adhered to when making the selection decision?

Show participation through ownership, Q. Show participation through ownersh...

Q. Show participation through ownership ? Participation through ownership workers may become more involved in industries by making them share holders of the company. Include th

Significance for individual enterprise, Significance for individual enterpr...

Significance for individual enterprise: it can help the organization in accomplishing its goal by: 1. Creating right attitude among the employees through the effective motivati

RECRUIT AND SELECT, A DIAGRAM SHOWING THE FIVE STEPS IN THE SELECTION PROCE...

A DIAGRAM SHOWING THE FIVE STEPS IN THE SELECTION PROCESS

Describe qualitative and quantitative techniques, Question 1: Describe ...

Question 1: Describe Qualitative and Quantitative techniques in project financing Quantitative techniques in project financing Qualitative techniques in project financing

Effectiveness of a performance appraisal system, Question 1: (a) Show i...

Question 1: (a) Show in what way, and to what extent, organisational culture impacts upon organisational strategy. (b) Determine the extent to which an attempt to change an

Provide a definition of international hrm, QUESTION a) Provide a defini...

QUESTION a) Provide a definition of International HRM b) Discuss the reasons for Expatriate Failure and explain what approaches can be adopted to avoid Expatriate Failure?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd