2007-08-23 04:11:20 · 3 answers · asked by Stacey lynn 2 in Business & Finance ➔ Investing
It depends on the organization and it depends on the people. Generalizations are usually incorrect. Unskilled labor is readily available and can be picked up or discarded at will. Certain company CEOs are more a detriment than an asset. The companies would be much better off without them as HP discovered and other companies you may be familiar with. There are times during which cash is more valuable than people. This is currently proving to be so for certain financial organizations and also for certain automotive companies. Also many companies have discovered they can run their companies and more money without people. They outsource almost everything including the manufacturing of their products.
2007-08-23 04:49:31 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Yes and no. People are certainly an extremely valuable asset in an industry that is dependent on highly skilled professionals - and in the case of a service firm - the only important asset. In other industries the factory and machines, the business system, the supply-demand base are just as important as the people.
2007-08-23 11:21:26 · answer #2 · answered by Ben 7 · 1⤊ 1⤋
usually, because nothing can happen without people.
2007-08-23 11:20:09 · answer #3 · answered by Sufi 7 · 1⤊ 0⤋