Question: Select the statement that best describes the difference between generic human capital and firm-specific human capital: Generic human capital and firm-specific human capital have the

Select the statement that best describes the difference between generic human capital and firm-specific human capital: Generic human capital and firm-specific human capital have the same meaning and refer to the knowledge, skills and abilities that are valuable to all employers. Generic human capital refers to the knowledge, skills, abilities and competencies that e valuable to all employers whereas firm-specific human capital refers to the knowledge, skills, abilities and competencies developed within an organization and only of value within an organization. Firm-specific human capital refers to the knowledge, skills, abilities and competencies that are valuable to all employers whereas generic human capital refers to the knowledge, skills, abilities and competencies developed within an organization and only of value within an organization. None of the above

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