Briefly Describe the Four Basic Types of Utility

question 37

Essay

Briefly describe the four basic types of utility.

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Definitions:

Social Capital

A capacity to get things done due to relationships with other people.

Intellectual Assets

Intellectual assets are valuable intangible resources of an organization, such as patents, trademarks, and employee expertise.

Structural Holes

Gaps in a social network that lack direct ties between parts of the network, potentially facilitating new information flow.

Social Network

A platform or system where individuals can connect, share, and communicate with each other across distances.