Which of the Following Is a Reason for the Higher

question 19

Multiple Choice

Which of the following is a reason for the higher barrier to imitation for a company's that possesses rare and valuable process knowledge?

• A) Process knowledge is often hidden from view within the firm and socially complex.
• B) In most companies, employees have a complete understanding and direct access to the process knowledge of the firm.
• C) Individuals hired by rival firms are able to provide a complete picture of a company's process knowledge due to their overall knowledge base.
• D) By making small changes to the way a firm operates, implementation of a rival firm's process knowledge is relatively easy to achieve.
• E) Rival organization's employees who possess the power and influence to implement change are often driven to appropriate another firm's process knowledge.

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Definitions:

Electron

A subatomic particle with a negative electric charge, fundamental to electricity, and a key component of atoms.

Atom

The smallest unit of a chemical element, consisting of a nucleus and electrons, forming the basis of all chemical substances.

Knock

A term often used in automotive to describe the premature combustion of fuel in the cylinder of an engine, leading to inefficient performance.

Compound

A substance formed when two or more chemical elements are chemically bonded together.