Which of the Following Statements Is Not an Accurate Description

question 70

Multiple Choice

Which of the following statements is not an accurate description of the importance of knowledge to a firm?

• A) Knowledge experiences network effects as more people share it.
• B) Knowledge should be seen as an intangible key asset.
• C) Knowledge enables firms to become more efficient in their use of scarce resources.
• D) Knowledge is unconditional.

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Definitions:

Social Leadership

The capacity to influence others within a group or community towards the achievement of common goals or improvement.

Transformational Leadership

Transformational leadership is a style of leadership where the leader works with teams to identify needed change, creating a vision to guide the change through inspiration and executing the change in tandem with committed members of the group.

Voice Effect

The influence or impact that a person's voice has on the listener's perceptions, emotions, or behaviors.

Directive Management Style

A management approach where decisions and processes are predominantly guided by one or few leaders, minimising team input.