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(TCO 1) Understanding intangible assets in a business setting is critical to human resource managers, especially those in training and development roles. According to Noe, our textbook author, there are four specific types of intangible assets we need to consider in our work as HRMs: human, intellectual, social, and customer capital. Which choice best describes intellectual capital?
The attributes, life experiences, knowledge, inventiveness, energy, and enthusiasm that the company’s employees invest in their work
The codified knowledge that exists in a company
The quality of the products which are produced in a company