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A comprehensive understanding of your capital do-
PAGE \* MERGEFORMAT 11
A comprehensive understanding of your capital do?
‘You do a comprehensive understanding of capital? ‘
Received the answer may be a variety of: ‘never thought of. ‘‘Probably. ‘‘Is not necessarily. ‘‘How incomplete? ‘
This issue is so important, how it could be so vague?
As a boss, you are following these issues is how to understand it?
One, how to treat capital?
Second, how to look at the relationship between capital and business?
Third, how to look at the relationship between capital and labor?
Fourth, owners, operators, laborers view of the relationship among comprehensive enough? Whether to implement a ‘Steady, prevails, their proper place’?
5, the view is of intangible capital, complete and in place?
6, for the operators management knowledge and the accuracy of the positioning of the draft?
7, for knowledge is the dual nature of capital and labor to understand whether in place?
8, for talent management is in accordance with this duality, to be considered and design?
Understanding of one: the capital is not equal to capital
Many people think that capital is the capital, is money is money. In fact, this is not comprehensive. For example, a business, people say how much capital the time, just that it has the money? Clearly not. Plant, equipment, land, and even including its patents, and so, of course, including its own funds, are its capital. Enterprise’s assets is its capital, by no means confined to a form of currency.
Money - money, nor is it under any circumstances, capital, and only when it is put into operation, it is the capital. Your wallet containing a few hundred dollars, which is the capital do? Clearly not. It’s just money, is for consumption and cash. Only the money and going into business, or investment, or buying stocks, then it was turned into the capital.
So what is between the resources and capital relationship? Resources under certain conditions, can be transformed into capital. For example, land, miner
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