Knowledge Management Is an Extension Of

question 45

Multiple Choice

Knowledge management is an extension of:

• A)traditional accounting methods of measuring corporate assets.
• B)the organizational learning perspective of organizational behaviour.
• C)microeconomic principles of supply and demand.
• D)the efficiency model of industrial engineering.
• E)None of the answers apply.

Understand the basic principles and differences among ethical theories including situational ethics, utilitarianism, deontological ethics, and ethical relativism.

Grasp the concept of moral development and its stages according to Kohlberg.

Recognize the ethical responsibilities of businesses towards stakeholders other than shareholders.

Understand the relationship between legal acts and morality.

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Definitions:

Permanent

Something that is meant to last or continue indefinitely without change.

Disposable Income

Refers to the sum of money available to families for spending and saving purposes once income taxes have been deducted.

APC

Average Propensity to Consume; the ratio of total consumption to total disposable income.

45-Degree Line

A graphical representation in economics, typically used in Keynesian cross diagrams, showing points where aggregate expenditure equals total output or income.