In the Knowledge Economy, If a Large Portion of a Firm's

question 29

Multiple Choice

In the knowledge economy, if a large portion of a firm's value is in intellectual and human assets, the difference between the company's market value and book value should ___________ a company with mostly physical and financial assets.

• A) be equal to
• B) be smaller than
• C) be larger than
• D) not be correlated with

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Definitions:

Platform Capitalism

describes an economic system where platforms (e.g., social media, ride-sharing apps) play a central role in mediating economic transactions and generating value, often at the expense of traditional labor relations.

Algorithmic Management

The use of computer algorithms and software to manage, direct, and evaluate work and employees, often associated with gig economy platforms and data-driven decision-making.

Technological Biases

Technological biases are inherent prejudices or inclinations in the design, development, and deployment of technology that reflect the values, beliefs, or interests of their creators, which may inadvertently or deliberately marginalize certain groups.

Data Analytics

The process of examining datasets to draw conclusions about the information they contain, increasingly using specialized systems and software for insights, trends, and decision-making.