The Knowledge, Skills, and Capabilities of Individuals That Have a Tremendous

question 26

Multiple Choice

The knowledge, skills, and capabilities of individuals that have a tremendous impact on an organization's performance but do not show up directly on its balance sheet are known as __________ capital.

• A)intellectual
• B)human
• C)core
• D)employee

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Definitions:

Reward Systems

Mechanisms designed to recognize and reward employees' performance and contribution to the organization.

Organizational Structure

The system that outlines how activities are directed in order to achieve an organization's objectives, including its roles, responsibilities, and communication pathways.

Policy

A course of action adopted and pursued by a government, business, or individual.

Organizational Structure

The hierarchical arrangement of lines of authority, communications, rights, and duties of an organization, determining how roles, power, and responsibilities are assigned and controlled.