A competitive advantage from relationships with other people and the image other people have of you is known as
A) Social capital.
B) Venture capital.
C) Legitimacy.
D) Authenticity.
E) Consistency.

Question

Quizplus · Accepted Answer

Social capital, being part of a social network and having a good reputation, helps entrepreneurs gain access to useful information, gain trust and cooperation from others, recruit employees, form successful business alliances, receive funding from venture capitalists, and become more successful.

A Competitive Advantage from Relationships with Other People and the Image