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The role of managers is so critical that some experts include managerial human capital among a firm's _____
The role of managers is so critical that some experts include managerial human capital among a firm's _____.
A) liabilities
B) resources
C) financial assets
D) static capabilities
Expert Solution
The answer is B) resources
The employment of managerial functions keeps organizations focused on strategic goals, which is a major responsibility and what makes them valuable.
- Liabilities are obligations, normally of financial value. Liabilities are owed and do not hold value to the person who is liable for them.
- While managers are assets to an organization, they are not considered financial assets.
- Static capabilities are capabilities that are difficult to change or improve.
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