BUSN 412 Week 3 Quiz
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1. Question :
Information technology, such as email, has increased in organizations over the years, which has helped to:
Restrict social network growth
Create smaller social networks
Communicate information efficiently
Make more effective use of time in every situation
2. Question :
The following characterizes the creation of knowledge assets:
High upfront costs and subsequent high variable costs
High fixed costs and high variable costs
Low upfront costs and high variable costs
High upfront costs and low variable costs
3. Question :
John Steele was asked to take over a project after the entire team left his organization. The term that describes his ability to reconstruct what the team had accomplished through reading emails exchanged by the previous team's members can be considered:
Inefficient use of information management
Using tacit knowledge
Usage of project knowledge
Using explicit knowledge
4. Question :
The following are examples of how intellectual property can be managed except:
Converting explicit knowledge to tacit knowledge
Copyrights and trademarks
Patents
Contracts with confidentiality and noncompete clauses
5. Question :
Dynamic capabilities include all of the following except:
Learning and innovating
The ability of an organization to challenge the conventional industry in its industry and market
Becoming more efficient in operational processes
Continuously adopting new ways of serving the evolving needs of the market
6. Question :
When there are few segments, the emphasis on process design is low, and the major functional areas of concern are general management and finance, this can be said to be the ____________ stage of the industry life cycle.
growth
maturity
decline
introduction
7. Question :
When there is(are) ____________________, we should likely pursue a harvest strategy:
decline in...