Statement I: Capitalism Is Based on Trust

question 71

Multiple Choice

Statement I: Capitalism is based on trust.
Statement II: Capitalism is often confused with democracy.

• A)Statement I is true and statement II is false.
• B)Statement II is true and statement I is false.
• C)Both statements are true.
• D)Both statements are false.

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Definitions:

Intellectual Capital

The collective knowledge, experience, and skills of an organization's employees that gives it a competitive advantage.

Knowledge Work

Work that tends to feature non-routine problem solving, accomplished through intellectual labor and information analysis.

Asset

Resources owned by individuals or entities, providing current or future economic benefits.

Knowledge Repository

A centralized system or database designed to store, manage, and disseminate knowledge and information for easy retrieval and use.