Physical resources or human resources represent a sustainable competitive advantage and are not easily replicated by tyres' rivals in its marketplaces. The physical resources include raw materials, structures, cars, trucks, transportation, warehouses, machinery, and factories. The personnel, such as a skilled engineer or marketing professionals.
In businesses that are knowledge-intensive and creative, these resources are increasingly crucial. The physical capital refers to a company's non-human assets that are used in the manufacturing process, such as plant and machinery, tools and equipment, office supplies, etc. The human capital is the organization's reservoir of knowledge, talent, skills, and competencies that employees provide.
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