An Organization That Does Well in Creating, Acquiring, and Transferring

question 7

Multiple Choice

An organization that does well in creating, acquiring, and transferring knowledge and in modifying behavior to reflect new knowledge is referred to as a ________ organization.

• A) virtual
• B) centralized
• C) network
• D) learning

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Definitions:

Auctioning

the process of selling goods or services to the highest bidder through a competitive bidding process.

Direct Regulation

A method of regulation where government agencies set explicit rules or standards that restrict certain actions or outcomes, often involving monitoring and enforcement.

Positive Externalities

Benefits that a third-party or society gains from a transaction or activity they are not directly involved in.

Third Parties

Entities that are involved in a transaction or relationship but are not the main parties; in economics, often refers to intermediaries or external stakeholders.