Intellectual capital refers to:
A)how much money an organization spends on training and development.
B)the stock of knowledge that resides in an organization.
C)the percentage of information available that is actually used productively by the organization.
D)the total cost of computers and other 'intelligent' machines in the organization.
E)the cost of hiring a typical employee.

Question

Quizplus · Accepted Answer

Intellectual capital refers to the stock of knowledge, information, skills, and expertise that an organization possesses and utilizes for its competitive advantage. It includes both tangible assets such as patents, copyrights, and trademarks, as well as intangible assets such as employee skills, customer relationships, and organizational culture. Therefore, option B best defines intellectual capital.

Intellectual Capital Refers To