Technological Knowledge

question 57

Multiple Choice

Technological knowledge

• A)is the same thing as human capital.
• B)can be discovered but it can never be kept secret.
• C)is a determinant of productivity.
• D)does not play a role in the relationship that economists call the production function.

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Definitions:

Financial Aspect

The monetary considerations and implications involved in a decision, investment, or the overall financial health of an organization.

Generate Cash

The process of creating liquidity or cash flows through activities such as operations, financing, or investments.

Organizational Performance

An analysis of a company's ability to achieve its goals and objectives, measured by factors such as profitability, productivity, and market share.

Variable Cost

costs that vary directly with the level of production or service delivery, such as raw materials and labor expenses.