Intangible Resources of a Firm Include the Knowledge and Skills

question 36

True/False

Intangible resources of a firm include the knowledge and skills of its employees, its reputation, and its property, plants, and equipment.

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Definitions:

Security Needs

The need to protect oneself from physical and economic harm.

Minimum-wage Laws

Regulations established by government mandating the lowest hourly rate that can be paid to an employee by employers.

Micro-management

An excessive control or attention on minor details, often in a managerial context, limiting the autonomy of employees.