Human capital is an intangible asset or quality not listed on a company's balance sheet. It can be classified as the economic value of a worker's experience and skills. This includes assets like education, training, intelligence, skills, health, and other things employers value such as loyalty and punctuality.
Consider the following:
• What knowledge and skills have been used to create the product?
• Where do they come from?
• Who provides them?
• Locate on a map of the world and provide some information about the region/country.
Physical capital consists of tangible, man-made goods that assist in the process of creating a product or service. The machinery, buildings, office or warehouse supplies, vehicles, and computers that a company owns are all considered part of its physical capital.
Consider the following:
• What physical capital is needed to make the product? Consider different ideas on what is needed.
• Where are these resource located?
• Locate the factory on a map of the world and provide some information about the factory/region/country