Preserving Human Capital

Preserving Human Capital

11/19/03

By: Joseph G. Bozek to satisfy the requirements of Principles of Management




Joseph G. Bozek
Research Paper Assignment
11/19/03


Preserving Human Capital


Since the beginning of modern history the world has changed significantly due to advancements in communication and transportation technology. Today, for example, the ability to effectively deliver a message to a recipient thousands of miles away using the Internet and other telecommunication networks has had a profound impact on business performance. Similarly, the ease in traveling to desired locations, near and far, by air transport has also had a positive effect on the entrepreneur’s capabilities in trade and commerce. Domestically and abroad, this expediency of movement and transaction has become known and termed as Globalization. Globalization has significantly contributed to a high standard of living in the West by providing developed countries with goods that necessi...