Developing Social Capital Is Risky for an Organization Because Social

question 13

True/False

Developing social capital is risky for an organization because social capital is specific to individuals and remains with the employee,if he or she leaves the organization.

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Definitions:

Monitoring Costs

Expenses associated with overseeing and controlling business operations or transactions to ensure compliance and efficiency.

Salaried Managers

Managers who are compensated with a fixed salary rather than hourly wages, regardless of the number of hours worked.

Franchise

A business model where a company (franchisor) allows an individual (franchisee) to operate a location using its brand, systems, and support in exchange for fees.

Aggressive Pricing

A competitive strategy involving setting lower prices than rivals to gain market share quickly.