'Organisational Memory' Is BEST DESCRIBED As

question 94

Multiple Choice

'Organisational memory' is BEST DESCRIBED as:

• A) The total terabytes of hard disk space available on computers throughout an organisation
• B) The ability of senior executives to recall important information about the company's products,services and employees
• C) The storage and preservation of intellectual capital within an organisation
• D) The ability of employees throughout the organisation to recall important information about the company's products and services

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Definitions:

Service Charges

Fees charged for providing a particular service, often seen in banking and accommodations.

Current Assets

Resources anticipated to be turned into cash, disposed of, or used up either within one year or over the length of the business's operational cycle, depending on which period is greater.

Net Sales

Revenue from the sale of goods or services after deducting returns, allowances, and discounts.

Bank Reconciliation

The process of matching and comparing figures from accounting records against those displayed in a bank statement to ensure consistency.