If the firm's current employees are well-trained in their jobs, but also have other knowledge, skills, and abilities, these employees have:
A) social capital.
B) entrepreneurial capabilities.
C) high absorptive capacity to learn.
D) intellectual slack.

Question

Quizplus · Accepted Answer

High absorptive capacity means that employees are able to learn and assimilate new knowledge quickly. This would be indicative of employees who not only have technical skills but also possess other skills and abilities that make them more versatile and able to adapt to new challenges. Social capital refers to the value that individuals and organizations derive from their social networks, while entrepreneurial capabilities refer to the ability to identify and exploit business opportunities. Intellectual slack refers to the excess resources that a firm has available, which may be invested in new opportunities, projects or initiatives. None of these terms describe the situation depicted in the question.

If the Firm's Current Employees Are Well-Trained in Their Jobs