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1. Are people always an organization’s most valuable resource? Why or why not?
Employees are considered as the internal customers of an organization and they are as important as the capital resources of an organization. Their various talents, skills and knowledge of the employees together forms the intellectual asset for an organization which is very valuable. This intellectual asset is very important for an organization to run the daily jobs in hand and also in solving the issues that may occur in various function like production, marketing, accounting and other activities of an organization. Human intellect is considered as most valuable resource of an organization as they have to be recruited, properly trained and engaged and also be motivated to perform their duties effectively in their job roles. It’s very important for an organization to properly engage the employees in their job roles such that they are satisfied in their work and their retention rate is higher....
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