Paper Example Undergraduate 311 words

Resource and environment management in contemporary systems

Last reviewed: November 1, 2008 ~2 min read

Resource & Environment

Army has hundreds of inputs. Among them, some of the most important are human capital, financial capital and intellectual capital. Human capital in the U.S. Army includes soldiers, officers and support staff. The importance of human capital cannot be understated. The Army undertakes an enormous amount of work. Their labor requirements are massive and varied. Specific to the U.S. Army is that each individual person has a specific, defined role. The degree of interdependence between the different roles is intense, such that the success of any individual undertaking of the Army depends on each person doing the right thing at the right time.

Financial capital is another crucial input to the U.S. Army. The Army's undertakings require substantial investment in technology, training, employees, and equipment. Enormous amounts of financial capital are therefore required. Yet, the U.S. Army does not generate its own money. The U.S. Army is essentially a burner of capital. Therefore, financial capital is a key input, and must be acquired from outside sources. Because the Army is not financially self-sustaining, and does not have access to capital markets, it relies upon other sources of funding, primarily governmental.

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PaperDue. (2008). Resource and environment management in contemporary systems. PaperDue. https://www.paperdue.com/essay/resource-amp-environment-army-has-27111

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