The Importance of Human Capital Has Been Increased by Technological

question 183

True/False

The importance of human capital has been increased by technological progress.

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Definitions:

Quality of Life

A measure of an individual's well-being and happiness, often considering factors like health, comfort, leisure, and economic circumstances.

Facility Locations

The strategic placement of business operations, warehouses, and production sites to optimize efficiency and costs.

Work Force

The total number of individuals employed by a company or available for employment, including both full-time and part-time employees.

Global Network Design Decisions

Strategic decisions involving the configuration and management of a supply chain on a global scale, focusing on locations, transportation modes, and logistics infrastructure.