SUSTAINABLE DEVELOPMENT is the best way to manage these capital assets in the long-term. It is a
SUSTAINABLE DEVELOPMENT is the best way to manage these capital assets in the long-term. It is a
1. Human capital refers to the knowledge, skill, and ability of people and their motivation to use them successfully on the job.…
Economic Capital are things that are man made such as structures like buildings and roads while financial capital is a dollar value of those structures and would also include cash, deeds, stock and bonds. (Paper items) (Lecture notes)…
Human capital is the productive potential of the knowledge, skills, and capabilities of individuals that generate economic output. Martin (2005) explained that” individuals exchange effort for reward, and acquire human capital in the expectation that their incomes…
* Capital: refers to goods that are used to produce more goods and services in the future and creates interest.…
Capital – Measure of the accumulated financial strength of an individual, firm, or nation, created by sacrificing present consumption in favor of investment to generate future returns above investment costs.…
As used by economists, the term "capital" refers to gold, stocks, bonds and other highly liquid assets.…
1. Many of the services we receive from living systems have no known substitutes at any price.…
Human capital has become an important issue, and organisations are increasingly aware of the need to treat people development as a high-level strategic issue and systematically to analyse, measure and evaluate how investment in people creates value. Learning and training play a key part in the valuecreation process. HR professionals recognise the importance of aligning learning processes with organisational priorities and the need to assess, demonstrate and report on the value contribution that learning makes to the organisation.…
"Capital can refer to resources or investments that are either man- made or manufactured objects that help produce other products such as buildings and equipment to operate businesses." Capital can be roads, machines, factories, or office buildings, anything that help man create and produce other goods (2007). Another factor of production is "Enterprise which is when resources have people called entrepreneurs, who form the ideas for goods or services and plan and organize its production" (2007).…
Explanation: Capital includes money, computers, machines, tools, and buildings that a business needs in order to produce goods and services.…
Capital has two economic definitions as a factor of production. Capital can represent the monetary resources companies use to purchase natural resources, land and…
effectiveness, sustainability, etc. Increasing demand for skilled performers and increasing high attrition of capable workforce forced the companies to shift focus on attracting and retaining high-performing employees in the extremely competitive business environment. Companies have recognized the need to enhance the employee’s opportunity to develop skills and abilities for full performance within the position and for career advancement and growth which would lead to retention of talented workforce in return increase firms performance in terms of profitability and productivity. Companies have realized that in today's competitive business milieu, the quality of people one employs will make all the difference. Lately, human resource management has emerged as an essential factor for sustained competitive advantage. Research highlights that organizations develop sustained competitive advantage through management of scare and valuable resources (Barney,1991). The human resource enables organizations to achieve optimization of resource, effectiveness, and continuous improvement consistently (Wernerfelt, 1984). An organization takes time to nurture and develop human capital in the form of knowledge, skills, abilities, motivation, attitude, and interpersonal relationship, and makes it difficult for competitors to imitate (Becker & Gerhart, 1996).…
In economics, capital goods, or real capital are those already-produced durable goods that are used in production of goods or services. The capital goods are not significantly consumed, though they may depreciate in the production process. Capital is distinct from land in that capital must itself be produced by human labor before it can be a factors because of production. At any moment in time, total physical capital may be referred to as the capital stock (which is not to be confused with the capital stock of a business entity.) In a fundamental sense, capital consists of any produced thing that can enhance a person's power to perform economically useful work—a stone or an arrow is capital for a caveman who can use it as a hunting instrument, and roads are capital for inhabitants of a city. Capital is an input in the production function. Homes and personal autos are not capital but are instead durable goods because they are not used in a production effort.…
In economics, capital, capital goods, or real capital are the factor of production used to create goods or services that are not themselves significantly consumed (though they may depreciate) in the production process. Capital goods may be acquired with money or financial capital. At any moment in time, total physical capital may be referred to as the capital stock, a usage different from the same term applied to a business entity.…
Capital is regarded as produced means of production. It is considered as that part of wealth of a country which is utilized for further production of wealth. Capital includes all types of reproducible wealth that are used directly and indirectly in the production of large volume of output. It is man-made and its supply can be increased by human effort.…