Which of the Following Does Not Describe the Dimensions of Knowledge

question 34

Multiple Choice

Which of the following does not describe the dimensions of knowledge in a firm?

• A)It is contextual and applicable only in relevant situations.
• B)It is intangible.
• C)It is subject to the laws of diminishing returns.
• D)It is a cognitive event involving mental models.
• E)It is enmeshed in a firm's culture.

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Definitions:

Marketing Mix

Refers to the set of actions, or tactics, that a company uses to promote its brand or product in the market, typically encapsulated by the four Ps: Product, Price, Place, and Promotion.

Place Element

Aspects of marketing that focus on the distribution and availability of a product or service to the target consumer.

Promotion

A marketing strategy involving the publicizing and selling of a product or service, often including discounts, advertising, and special offers to stimulate demand.

Marketing Mix

A set of actions, or tactics, that a company uses to promote its brand or product in the market; traditionally defined as the 4Ps: Product, Price, Place, and Promotion.