Which of the Following Statements Is NOT an Accurate Description

question 33

Multiple Choice

Which of the following statements is NOT an accurate description of the importance of knowledge to a firm?

• A)Knowledge-based core competencies are key organizational assets.
• B)Knowledge should be seen as similar to any other key asset,such as a financial asset or a production facility.
• C)Knowledge enables firms to become more efficient in their use of scarce resources.
• D)Knowledge is not subject to the law of diminishing returns as are physical assets.

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Definitions:

Council on Environmental Quality

A federal agency within the Executive Office of the President that advises on environmental policies and initiatives in the United States.

Strict Liability

Legal responsibility for damages or loss without needing to prove negligence or fault.

Legal Concept

Fundamental principles or established precedents that form the basis for various laws and legal systems.

Environmental Lawsuits

Legal actions that seek to protect the environment, often involving disputes over compliance with environmental laws or liability for environmental damage.