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dc.contributor.advisorVenter, P. F.
dc.contributor.advisorSorgdrager, A. J. E.
dc.contributor.authorDhlamini, Alfred Siphiwe
dc.date.accessioned2018-10-18T10:36:25Z
dc.date.available2018-10-18T10:36:25Z
dc.date.issued1999-01
dc.identifier.urihttp://hdl.handle.net/11660/9404
dc.description.abstractHuman resources development plays an important role in the firm by improving productivity, and hence the competitive advantage of the firm. The strategic evaluation of human resources development programs is also important, in that such programs commit a firm's financial resources for a long period with uncertain results. In this study, a method is developed to strategically evaluate human resources development programs. The evaluation method is based on the capital budgeting process. Capital budgeting techniques are a common methods of evaluating long term investments in firms. This study is divided into two main sections. Firstly, a literature study of the subject of human resources development and capital budgeting is undertaken. Based on this study, elements to include in the strategic financial evaluation method are established. Secondly, an empirical study is conducted to determine whether South African firms can use the proposed method to financially evaluate human resources development programs. Using the proposed method as a basis, a questionnaire was determined and tested. The questionnaire was applied to a sample of South African companies, after which the results were reported. Descriptive statistics as well as advanced statistics indicated the following: - South African firms do financially evaluate human resources development programs. - South African firms can use the proposed method to financially evaluate human resources development programs. In conclusion, recommendations on the strategic financial evaluation of human resources development programs by South African firms, are provided.en_ZA
dc.language.isoenen_ZA
dc.publisherUniversity of the Free Stateen_ZA
dc.subjectHuman resources developmenten_ZA
dc.subjectFinancial resourcesen_ZA
dc.subjectCapital budgeting processen_ZA
dc.subjectFinancial evaluationen_ZA
dc.subjectSouth African firmsen_ZA
dc.subjectThesis (M.Com. (Business Management))--University of the Free State (South Campus), 1999en_ZA
dc.titleThe strategic financial evaluation of human resources development programs by South African firmsen_ZA
dc.typeThesisen_ZA
dc.rights.holderUniversity of the Free Stateen_ZA


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