Social capital
A beneficial outcome of interpersonal connection is referred to as social capital. The beneficial result could be measurable or intangible and could consist of future opportunities, creative ideas, and important knowledge.
It can be used to describe how interpersonal connections and networks both inside and outside of an organization contribute to the success of that company. It can also be used to define the interpersonal connections among personnel within a business that contribute to the development of trust and respect, which improves business performance.
A group of individuals can collaborate successfully to accomplish a common objective or goal thanks to social capital. Through mutual respect, a sense of common identity, conventions, and values, it enables a community or organization—such as a business or nonprofit—to work as a unit. Simply said, social interactions allow social capital to positively impact society as a whole.
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