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Gonzalez's shop managers regularly think of new ways to market their products, improve their quality, keep them fresher, and meet consumer needs.In this respect, Gonzalez's business is unusual among small businesses.
Essay Discussion
Transferability
The ability of an asset to be transferred or converted easily from one individual to another without affecting its value.
Human Capital
A collection of proficiencies, knowledge, or invisible assets owned by individuals that can be leveraged to bring about economic prosperity for themselves, their work environments, or their community.
Compensating Differential
A difference in wages that compensates workers for undesirable aspects of a job, such as hazardous working conditions or undesirable hours.
Labor Supplied
The sum of hours employees are ready and available to work for a specified pay rate.
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