When a Firm Develops a Knowledge Asset,such as a Process,pays

question 87

Multiple Choice

When a firm develops a knowledge asset,such as a process,pays for it and reuses it over and over at a very low cost,this adds ________ for the firm.

• A) tacit knowledge
• B) little value
• C) a competitive advantage
• D) a recoverable loss

Describe the process of systems analysis and the concept of system specifications.

Understand how applications can be designed to be operating system independent.

Recognize the importance of collecting user requirements and creating system designs.

Explain the significance of prioritizing IT applications and acknowledging unacknowledged projects.

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Definitions:

Cost of Retained Earnings

The opportunity cost for a company of using its retained earnings as a source of finance for new investments, often estimated using the cost of equity.

Growth Rate

The rate at which a company's sales, earnings, dividends, or assets increase over a specified period.

Recent Dividend

The latest distribution of a portion of a company's earnings to its shareholders.

Cost of Capital

The imperative return rate a firm has to achieve on investment initiatives to retain its market worth and draw investment.