The Set of Practices Aimed at Discovering and Harnessing an Organization's

question 126

Multiple Choice

The set of practices aimed at discovering and harnessing an organization's intellectual resources is known as _____.

• A)Web 2.0
• B)competitive advantage
• C)cost competitiveness
• D)knowledge management
• E)quality

---

Definitions:

Accrual Accounting

An accounting method where revenue and expenses are recorded when they are earned or incurred, respectively, regardless of when the cash is actually exchanged.

Operating Performance

A measure of a firm's efficiency in managing its core business operations, often evaluated using metrics such as operating margin and revenue growth.

Accrual Accounting

A method of accounting that records revenues and expenses when they are incurred, regardless of when cash transactions occur.

Economic Performance

A measure of how well an entity manages its resources to produce goods and services, often evaluated through factors like GDP growth, employment levels, and productivity.