'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:

Flow of Profits

The movement of profits within an economic system, especially as it pertains to how profits are generated, maintained, and distributed among various entities.

Profit-Maximizing Company

A company whose primary goal is to make the largest possible profit from its operations.

Extraction Cost

The cost associated with the removal of resources or raw materials from the earth.

User Cost

The expense of utilizing a product or service, taking into account both the opportunity cost of choosing one alternative over others and the depreciation in value of the good as it is used.