Physical capital implies the non-human assets of the company, such as plant and machinery, tools and equipment, office supplies etc. that help in the process of production. Human capital refers to stock of knowledge, talent, skills and abilities brought in by the employee, to the organization.
Answer:
Oligopoly is a market structure with a small number of firms, none of which can keep the others from having significant influence.
Explanation:
The three most important characteristics of oligopoly are:
(1) an industry dominated by a small number of large firms,
(2) firms sell either identical or differentiated products, and
(3) the industry has significant barriers to entry.
Answer:
interpersonal skills
Explanation:
Interpersonal skills -
It is the skill methodology , where the person's tactics and behaviors and thoughts are skilled in order to effectively interact with other people , is known as interpersonal skills .
As for a an organisation to work properly , the member need to freely and comfortably interact with each other to exchange good ideas and thoughts .
Hence , from the question ,
The insurance company , need to provide training on interpersonal skills .
The correct answer is selection. Selection is being defined
as an action or process by which an individual engages to choosing something or
someone that are called to be more fitting or suitable to a certain thing or
event that may occur.
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