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Abilities means talents, special skills, or aptitudes. In particular, the term is used to describe the ability of workers in business. The performance of organizations depends on individual information, skills, and personality traits as much as on technology and capital investments.

When writing about ability, sometimes people are referring to aptitude, intelligence, knowledge, skill, power, or capabilities. Let’s first review each of these items in turn before reviewing their effects on economic performance.

Aptitude is a constituent of an ability to do a particular type of job at a certain level, which may also be described as “talent.” Aptitudes can be physical or mental. The congenital nature of aptitude is opposed to the idea of success, which supposes cognition or skill obtained by way of learning.

Intelligence is ...

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