Social Capital Is Based on the Network of Relationships Within

question 38

True/False

Social capital is based on the network of relationships within a firm,not in the skills and abilities of an individual employee.

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Definitions:

Control Measures

Procedures or policies implemented to manage risks and ensure that operations continue smoothly and effectively.

Conformance Requirements

The set of criteria, regulations, or standards that must be met by products, services, or behaviors to be accepted in a certain context or industry.

Philip Crosby

Philip Crosby was a businessman and author who contributed significantly to management theory, particularly in the areas of quality and performance improvement.

Contingency Plan

A strategy or plan developed to address possible future events or circumstances that might adversely affect an organization.