Which of the following terms refers to the value that an individual can derive from his or her contacts?
A) Social value
B) Synergy
C) Social capital
D) Value chain

Question

Quizplus · Accepted Answer

Social capital refers to the value that an individual or organization derives from their networks, relationships, and social connections. It includes both tangible benefits (such as access to resources, information, and support) and intangible benefits (such as trust, reciprocity, and social norms). A person's social capital can be enhanced by cultivating strong and diverse relationships, building trust and reputation, and contributing to their community or social networks.

Which of the Following Terms Refers to the Value That