Social capital is a phrase that refers to all of the following, except

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BlackTom AI · Accepted Answer

The question asks which statement does NOT reflect the concept of social capital. 
Option 1: 'company funds set aside for employee events.' This describes a specific Corporate Treasury or HR budget item and is not about the social relations, networks, or norms that social capital encompasses. It is an operational expense rather than a feature of social capital.
Option 2: 'the goodwill that is engendered by the fabric of social relations.' This aligns well with social capital, which includes trust and goodwill arising from networks and relationships among people and groups.
Option 3: 'a close relationship between companies and groups in the community.' This touches on the external networks and ties to civic or community groups, which are components of social capital when they foster coordination and cooperation.
Option 4: 'the norms and networks that enable collective action.' This directly captures core elements of social capital, namely networks, norms, and the ability to coordinate actions for shared goals.
In summary, the statement about company funds set aside for employee events does not describe social capital concepts, whereas the other options describe aspects like goodwill, community ties, and the norms/networks that facilitate collective action.

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MGS*3520*01.2025FA EXAM III- Requires Respondus LockDown Browser

Social capital is a phrase that refers to all of the following, except

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