According to the Text,intellectual Capital Is the Difference Between the Market

question 91

Multiple Choice

According to the text,intellectual capital is the difference between the market value and the book value of a firm.Intellectual capital can be increased by

• A) increasing retention of below average workers.
• B) attracting and retaining knowledgeable workers.
• C) decreasing labor costs.
• D) increasing the turnover of employees.

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Definitions:

Material Handling Costs

Expenses involved in moving, protecting, storing and controlling materials throughout the manufacturing process.

Fixed-Position Layout

A system that addresses the layout requirements of stationary projects.

Job Lots

Groups or batches of parts processed together.

Product Differentiation Strategy

A marketing strategy that businesses use to distinguish their products from those of competitors, typically through unique features, performance, or quality.