GK
HUMAN RESOURCE MANAGEMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
The people who work for your business are your capital resources.
|
|
True
|
|
|
False
|
|
|
Either A or B
|
|
|
None of the above
|
Explanation:
Detailed explanation-1: -Capital resources include money to start a new business, tools, buildings, machinery, and any other goods people make to produce goods and provide services.
Detailed explanation-2: -The four major types of capital include working capital, debt, equity, and trading capital.
Detailed explanation-3: -Thus, human capital is a critical characteristic of an entrepreneur only when it is accompanied by hard work. Entrepreneurs’ knowledge and skills are acquired through investments in human capital such as education and experience (Unger et al., 2011).
There is 1 question to complete.