Which of the following has been recognized as being central to competitive advantage in the new paradigm shift?
A) Financial capital
B) Market value
C) Intellectual/human capital
D) Technology

Question

Quizplus · Accepted Answer

In the new paradigm shift, intellectual/human capital has been recognized as central to competitive advantage. This includes knowledge, skills, and experience of employees and the ability to innovate, adapt and learn quickly. Financial capital, market value, and technology are still important, but they can be easily replicated by competitors. Intellectual/human capital, on the other hand, is unique to each organization and difficult to copy, making it a key source of sustainable competitive advantage.

Which of the Following Has Been Recognized as Being Central