QuestionAugust 5, 2025

Question 22 (2.5 points) Steve owns a bike shop. He wants to increase the number of bikes he sells each month, so he knows he needs to acquire more resources. Which of the following actions would represent an increase in the human capital resource at his bike shop? a) purchasing more bikes for his showroom b) increasing the hours of operation c) increasing the size of his shop d) increasing the training for his employees

Question 22 (2.5 points) Steve owns a bike shop. He wants to increase the number of bikes he sells each month, so he knows he needs to acquire more resources. Which of the following actions would represent an increase in the human capital resource at his bike shop? a) purchasing more bikes for his showroom b) increasing the hours of operation c) increasing the size of his shop d) increasing the training for his employees
Question 22 (2.5 points) Steve owns a bike shop. He wants to increase the number of bikes he sells each month, so he knows he needs to acquire more resources. Which of the following actions would represent an increase in the human capital resource at his bike shop? a) purchasing more bikes for his showroom b) increasing the hours of operation c) increasing the size of his shop d) increasing the training for his employees

Solution
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Answer

d) increasing the training for his employees Explanation 1. Identify Human Capital Resource Human capital refers to the skills, knowledge, and experience possessed by individuals. 2. Evaluate Options a) Purchasing more bikes affects physical resources, not human capital. b) Increasing hours of operation affects time management, not human capital. c) Increasing shop size affects physical space, not human capital. d) Increasing training for employees enhances their skills and knowledge, representing an increase in human capital.

Explanation

1. Identify Human Capital Resource<br /> Human capital refers to the skills, knowledge, and experience possessed by individuals.<br /><br />2. Evaluate Options<br /> a) Purchasing more bikes affects physical resources, not human capital.<br /> b) Increasing hours of operation affects time management, not human capital.<br /> c) Increasing shop size affects physical space, not human capital.<br /> d) Increasing training for employees enhances their skills and knowledge, representing an increase in human capital.
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