Companies 'Manage' Knowledge By

question 112

Multiple Choice

Companies 'manage' knowledge by:

• A)extracting information and ideas from the external environment and through experimentation.
• B)ensuring that knowledge is shared throughout the organization.
• C)ensuring that employees effectively use the knowledge available to them.
• D)all of the above.
• E)doing only 'B' and 'C'.

---

Definitions:

Marginal Utility

The additional satisfaction or benefit (utility) that a consumer derives from purchasing one more unit of a good or service.

Marginal Utility

The additional satisfaction or utility received from consuming one more unit of a good or service.

Demand Schedule

A demand schedule is a table that lists the quantity of a good that consumers are willing to purchase at various prices.

Total Utility

The overall satisfaction or benefit a consumer receives from consuming a certain quantity of a good or service.