Human Resource Management · Human Resource Development Concepts
Consider the following statements regarding the concept of Human Resource Development (HRD): Statement 1: Frederick Harbison describes Human Resource Development as the process of increasing the knowledge, the skills, and the capacities of all the people in a society. Statement 2: In economic terms, Frederick Harbison defines Human Resource Development as the depletion of human capital and the reduction of investment in an economy. Choose the correct option:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Statement 1 is false, but Statement 2 is true.
- 2Both statements are false.
- 3Statement 1 is true, but Statement 2 is false.✓
- 4Both statements are true.
Correct answer
Statement 1 is true, but Statement 2 is false.
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