Which of the following statements is true about social capital?
A) The benefits of social capital spill over to other processes.
B) Social capital flows only from a company to its customers.
C) Social capital is more additive than multiplicative.
D) Social capital generates immediate benefits which are visible in process improvements.

Question

Quizplus · Accepted Answer

Social capital refers to the networks, norms, and trust that facilitate coordination and cooperation among individuals and groups. The benefits of social capital are not limited to a single process or relationship but can spill over to other processes and relationships as well. This is because social capital creates a foundation of trust and mutual support that can be leveraged in different contexts. Therefore, option A is the true statement about social capital. Option B is incorrect because social capital can flow in both directions, from a company to its customers and vice versa. Option C is incorrect because social capital can have a multiplicative effect, where the benefits increase as more people are connected by social capital. Option D is incorrect because the benefits of social capital may not be immediate or visible in process improvements, but rather may emerge over time through increased collaboration and knowledge sharing.

Which of the Following Statements Is True About Social Capital