What asset resides in relationships, and is characterized by mutual goals and trust, and smoothes internal and external transactions and processes?

Question

Quizplus · Accepted Answer

The asset described in the question is social capital, which refers to the resources and benefits that are gained from social networks and relationships. It involves mutual goals and trust, and enables smoother transactions and processes both within and outside of an organization. While interpersonal capital and relationship capital could also be seen as related concepts, social capital is the most commonly used term in this context. Financial capital and intellectual capital are different types of assets that do not necessarily depend on relationships.

What Asset Resides in Relationships, and Is Characterized by Mutual