For a Firm,organizational Resources Are Unnecessary to Transform Data into Knowledge

question 73

True/False

For a firm,organizational resources are unnecessary to transform data into knowledge.

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Definitions:

Company Decisions

Involves choices made by a business entity's leadership that affect its operations, strategies, and future direction.

Loyal Customer

An individual who repeatedly purchases products or services from the same company instead of switching to competitors.

Material Needs

The physical requirements necessary for an individual to maintain a healthy, viable existence.

Basic Human Needs

Fundamental requirements that individuals need to live healthy and fulfilling lives, such as food, shelter, safety, and belonging.