For 15 years, Edward was a compensation specialist at a mid-sized firm.He was laid off when the firm experienced financial setbacks.Edward has decided to open his own business as a compensation consultant to small firms.He can expect that his main source of human capital will be a bank line of credit.

Question

Quizplus · Accepted Answer

Human capital refers to the skills, knowledge, and experience possessed by an individual, which in Edward's case would be his expertise as a compensation specialist, not a bank line of credit.

For 15 Years, Edward Was a Compensation Specialist at a Mid-Sized