Human Resource Accounting attempts to recognize and quantify an organization's human resources in monetary terms, placing value on factors such as the age, experience, and future earnings power of employees.
Resources include money, people, time, and equipment necessary for any organization. Resource allocation is a key part of a manager's decisional roles.
Structural capital is one of the three primary components of intellectual capital. It includes the processes, databases, patents, and other organizational resources that support the operations of a business.
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