Social capital is a source of strength to many firms. Firms leverage their social capital in an effort to create competitive advantages. A firm's social capital is based on
A) an employee's individual abilities.
B) the relationships among a firm's employees.
C) a firm's allocation of financial resources.
D) an individual's knowledge.

Question

Quizplus · Accepted Answer

Social capital refers to the networks, relationships, and connections among individuals within an organization, which can be leveraged for competitive advantage. It emphasizes the value of social networks and the interactions that occur within them, rather than individual abilities, financial resources, or individual knowledge.

Social Capital Is a Source of Strength to Many Firms