Final answer:
A. human resource audit
A human resource audit is a comprehensive evaluation of a firm's HR policies and practices to identify deficiencies and improve goal achievement. It involves reviewing compliance with laws and internal guidelines and plays a significant role in enhancing human capital and reducing hiring biases.
Step-by-step explanation:
The examination of the human resource policies, practices, and systems of a firm (or division) to eliminate deficiencies and improve ways to achieve goals is known as a human resource audit. A human resource audit systematically reviews each aspect of human resources, typically in a checklist fashion, ensuring that the organization is adhering to federal laws and regulations, as well as internal policies. By conducting an audit, organizations can identify areas for improvement, ensure legal compliance, and work towards developing a workforce that is efficient and well-aligned with the strategic objectives of the company.
Improving human capital involves enhancing the health, skills, or knowledge of the workforce, which can be achieved through various strategies, such as promoting education, encouraging apprenticeships, and refining hiring practices. It is crucial to address any bias in the hiring process, as research shows that discriminatory practices can exist based on the ethnicity implied by a candidate's name.