1. Distinguish between Fixed, Working and Human Capital.
Answers
Answered by
0
Capital alludes to the company’s wealth in the form of money or assets, that can be utilized for commencing a business or investing in a running business, to generate more money. It can be of two types physical capital or human capital. The physical capitalimplies the capital which is tangible in nature, such as money, plant and machinery, furniture and fixture, building etc.
On the contrary, human capital is relatively a new concept, which implies the collection of an individual’s skills, abilities, talent, knowledge, etc, used by the company to meet out its long term goals. It is not owned by the company, but by the employees, which they rent to companies for adequate consideration.
Take a read of the article excerpt that attempts to shed light on the differences between physical capital and human capital.
MARK BRAINLIEST..
On the contrary, human capital is relatively a new concept, which implies the collection of an individual’s skills, abilities, talent, knowledge, etc, used by the company to meet out its long term goals. It is not owned by the company, but by the employees, which they rent to companies for adequate consideration.
Take a read of the article excerpt that attempts to shed light on the differences between physical capital and human capital.
MARK BRAINLIEST..
Similar questions