The Ability to Apply Previously Learned Knowledge to Current Problems

question 304

Multiple Choice

The ability to apply previously learned knowledge to current problems, which involves retrieving both factual knowledge and problem-solving schemas from long term memory, is called

• A)crystallized intelligence
• B)fluid intelligence
• C)psychometric intelligence
• D)deductive intelligence

---

Definitions:

Research Techniques

A variety of methods and strategies used to gather data and information for the purpose of making business decisions.

BCG Growth-Market Share Matrix

A strategic planning tool that uses two dimensions: market growth rate and market share to categorize the business portfolio into four types: Stars, Question Marks, Cash Cows, and Dogs.

Strategic Business Units

Strategic business units are distinct divisions within a larger corporation, each focusing on a specific market segment or product line, and possessing its own strategy, resources, and objectives.

Dominant Market Share

A situation in which a company, product, or service holds a majority portion of the total sales in its market.