Firms Such as Apple and Google Will Tend to Have

question 39

True/False

Firms such as Apple and Google will tend to have a higher ratio of market value to book value than industrial companies such as Nucor Steel.

---

Definitions:

Knowledge-Workers

Employees whose main capital is knowledge, typically performing tasks that require cognitive skills, such as developing new ideas, analyzing information, and solving complex problems.

Self-Organizing

A process where a system spontaneously organizes itself without being guided or managed by an external authority, often leading to new, emergent structures or behaviors.

Kaizen

A Japanese business philosophy of continuous improvement of working practices and personal efficiency.

Postmodern Organizations

Organizations characterized by a decentralized, flexible arrangement of activities that operate in the rapidly changing, complex environments of the postmodern era.