Jacob has built up a wide network of contacts, clients, and local business neighbors since moving to Central City five years ago. Throughout his home-based marketing career, he has regularly and frequently networked with these business associates online, by phone, and in person. As he considers leaving his marketing career to become an owner/manager of a local business, he will rely upon the ________ that he has developed with these individuals to ensure a successful transition to a new career.
A) knowledge management
B) competitive advantages
C) social capital
D) emotional intelligence
E) figurehead skills

Question

Quizplus · Accepted Answer

The network of contacts, clients, and local business neighbors that Jacob has built up can be considered his social capital, which refers to the value that is derived from social connections and relationships. This social capital can be a significant asset when transitioning to a new career, as it can help to provide opportunities for business partnerships, referrals, advice, and support.

Jacob Has Built Up a Wide Network of Contacts, Clients