An Effective Way to Exploit the Knowledge Within an Organization

question 21

Multiple Choice

An effective way to exploit the knowledge within an organization with a high complexity of market knowledge and a high complexity of technological knowledge is:

• A) Move information about the technology to where the market is
• B) Exchange information
• C) Move information about the market to where the technology is
• D) Move knowledge by rotating people by temporary co-location

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Definitions:

Maintenance Department

The division within a company responsible for maintaining equipment, buildings, and other assets to ensure efficient operation.

Direct Expenses

Direct expenses are costs that can be directly attributed to a specific product or service, such as raw materials or labor directly involved in production.

Cash Conversion Cycle

A metric that evaluates how long it takes for a company to convert its investments in inventory and other resources into cash flows from sales.

Expense Allocation

The process of distributing costs among different departments, projects, or accounts, based on their usage or benefit from the services.