The Value,skills,and Capabilities That Have a Tremendous Impact on an Organization's

question 37

Multiple Choice

The value,skills,and capabilities that have a tremendous impact on an organization's performance but does not show up on its balance sheet are known as:

• A) intellectual capital.
• B) human capital.
• C) core competencies.
• D) employee capital.

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Definitions:

Overconfidence

A cognitive bias characterized by an individual's overestimation of their knowledge, ability, or control over situations.

Decision-making Strategies

Approaches or plans developed to select the best among alternatives based on specific criteria, aimed at achieving the most favorable outcome.

Availability Heuristic

A mental shortcut that relies on immediate examples that come to a given person's mind when considering a specific topic or decision.

Congress

The national legislative body of a country, particularly in the United States, it is composed of the House of Representatives and the Senate.