human capital and development in the era of industry 4.0

What is the definition of human capital?

• the skill, competencies and experiences within individual

• the skill, knowledge, competencies and experiences within individual.

• the skill, health, knowledge, competencies and experiences within individual.

What is industry 4.0?

• as known as the Fourth Industrial Revolution

• mark an important shift in the way industries operate and interact with technology

• all of above

Why do we need to measure human capital?

• to determine your human capital’s ROI

• to identify gaps in human capital

• to bridge the gap in your human capital

• all of above

What are the elements of human capital?

• capacity, development, deployment, know-how

• capacity, development, know-how

• capacity, development, employment, know-how

In the context of the fourth industrial revolution, high-quality human capital that creates innovations is becoming the key factor in building the competitiveness of individual companies and the national economy as a whole.

• True

• False

How does Industry 4.0 affect human resources?

• It has an overall impact on human resource development, opportunities for creating new industries, shifting different tasks from man to machines and robots.

• It has an overall impact on human resource development, labor productivity growth, opportunities for creating new industries, shifting different tasks from man to machines and robots.

• It has an overall impact on human resource development, labor productivity, shifting different tasks from man to machines and robots.

Industry 4.0 sheds light on the boiling issue of the skills shortage, worsen by the rapid advancements, associated with Industry 4.0, mostly in manufacturing

• True

• False

What is the role of Industry 4.0 in sustainability?

• merging physical processes with digital connectivity

• to pay for the ongoing production of goods and services to create profit.

• reduces recruitment and training costs by assisting in the attraction and retention of top talent.

Which country below is considered to have a strongly developed 4.0 industry in the world?

• Japan

• France

• Australia

What does Singapore's Skills Future Initiative aim to achieve?

• Access to Education and Training Opportunities

• Inclusivity and Diversity in the Industry 4.0 Workforce

• Ethical Considerations in AI and Automation

• Balancing Automation with Human Skills

• all of above