Knowledge That Resides Inside Employees' Heads Is Often Referred to as Organizational

question 48

True/False

Knowledge that resides inside employees' heads is often referred to as organizational knowledge.

---

Definitions:

Tying

A sales strategy where a seller requires buyers to purchase a secondary product or service together with the primary product.

Output Effect

The change in total revenue resulting from a change in quantity sold, holding price constant.

Price Effect

The price effect describes how changes in price influence the quantity demanded or supplied in the market.

Oligopolist

A market participant in an oligopoly, a market dominated by a small number of firms.