Scenario 1-2. Franky Ferguson has just reached a turning point in his business. He can no longer retain quality employees because he cannot meet his payroll, he does not have an adequate cash flow to pay his current bills, and he is three months behind in his loan payment to the bank. He must close the doors of this business.
-In Scenario 1-2, the valuable skills and knowledge that Franky's employees possessed is known as ______.
A) financial capital
B) intellectual capital
C) monetary capital
D) knowledge capital

Question

Quizplus · Accepted Answer

In this context, the valuable skills and knowledge that Franky's employees possessed is referred to as intellectual capital. This term encompasses the intangible assets of a business, such as the expertise, knowledge, and skills of its workforce.