A salesperson would be regarded as having social capital if they established connections and relationships.
what is Social capital?
- The networks of connections between those who live and work in a society, which enable that society to function well, are referred to as social capital.
- It entails interpersonal interactions, a common sense of identity, a shared understanding, shared norms, shared values, trust, collaboration, and reciprocity to ensure that social groups function well.
- The worth of resources can be determined by looking at social capital. Although this does not match how it has been measured, it has sometimes been defined as a type of capital that creates public goods for a common good.
- The development of entrepreneurial businesses, the expansion of small businesses, the excellence of managerial performance, the improvement of supply chain relationships, the benefits of strategic partnerships, and the evolution of communities have all been explained using social capital.
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