Utility Is

question 52

Multiple Choice

Utility is:

• A)useful in describing a person's preferences for one good over another.
• B)useful in comparing different people's preferences for a particular good.
• C)useful in predicting when to put an item on sale.
• D)an interesting concept,but not really useful for anything.

---

Definitions:

Knowledge Management

The process of creating, sharing, using, and managing the knowledge and information of an organization to enhance its performance and competitiveness.

Knowledge Management

The process of creating, sharing, using, and managing the knowledge and information of an organization.

Logical Analysis

The process of examining a problem or situation using reasoning and critical thinking to draw conclusions.

Sound Conclusions

Well-reasoned and logical deductions or decisions based on a thorough analysis of data or information.