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The training, experience, judgment, intelligence, relationships and insight of individual managers and workers in a firm are examples of

A) physical resources.
B) human resources.
C) organizational resources.
D) financial resources.

1 Answer

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Final answer:

The training, experience, judgment, intelligence, relationships, and insight of individual managers and workers in a firm are examples of human resources, which is part of human capital. Human resources are distinct from physical, financial, and organizational resources.

Step-by-step explanation:

The training, experience, judgment, intelligence, relationships, and insight of individual managers and workers in a firm are examples of human resources. Human resources involve the information, skills, knowledge, education, and health of workers, which shape their ability to contribute to production effectively. This category is distinct from physical resources, which include tangible assets like machinery and infrastructure, and financial resources, which refer to monetary assets and capabilities of a firm.

Human capital is a critical component of an economy's ability to grow and innovate. It includes the skills acquired through education, training, and experience which enhance a worker's productivity. In contrast, organizational resources pertain to the attributes of a firm that optimize its operation and strategy.

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