Firms increasingly seek competitive advantage through the quality of their ________.
A) technology
B) vendors
C) human capital
D) equipment

Question

Quizplus · Accepted Answer

Human capital refers to the skills, knowledge, and abilities of a firm's employees. With the rise of knowledge-based industries, firms are increasingly recognizing the importance of investing in and developing their human capital to improve their competitive advantage. Technology, vendors, and equipment are also important for many firms, but the quality of human capital can often provide a more sustainable and adaptable source of competitive advantage.

Firms Increasingly Seek Competitive Advantage Through the Quality of Their