Which Type of Capital Refers to the Skills and Abilities

question 30

Multiple Choice

Which type of capital refers to the skills and abilities one has accumulated such as abilities to read, write, and perform quantitative operations?

• A) economic
• B) human
• C) social
• D) cultural

Analyze the effect of operational strategies on cost control and revenue generation.

Evaluate the role of market and industry factors in shaping financial outcomes.

Understand the concept of groupthink and its symptoms within teams.

Comprehend the benefits and costs of group participation and the social rewards theory.

---

Definitions:

Cereals Partners Worldwide

A joint venture between General Mills and Nestlé that focuses on the production and sale of breakfast cereal products globally.

Global Business

The conduct of business activities that involve transactions across national borders, reflecting the international scope of today's economies.

Strategic Channel Alliance

A partnership between two or more organizations that use the same distribution channel to reach customers, often to enhance efficiency and expand market reach.

Marketing Channel

A marketing channel consists of the individuals, organizations, and activities necessary to transfer the ownership of goods from the point of production to the point of consumption.