Knowledge Must Be Transferred to Others in the Firm to Enhance

question 52

Multiple Choice

Knowledge must be transferred to others in the firm to enhance the entrepreneurial competence of the firm. This requires that

• A)the receiving party have adequate absorptive capacity to learn.
• B)the communication process be highly intensive.
• C)the knowledge be broken into the smallest comprehensible units.
• D)training consultants be involved in every step of transference.

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Definitions:

Positive NPV

An indicator that an investment's present value of net cash flows will exceed its initial cost, suggesting profitability.

Stand-Alone Basis

Refers to evaluating a project or business independently, considering its cash flows, risks, and returns without regard for other investments or projects.

Initial Cost

The initial expense incurred to acquire an asset or start a project, excluding any subsequent costs.

Cash Flows

The sum of money flowing in and out of a company, particularly influencing its ability to cover short-term obligations.