Knowledge Capital Is Nonrival in the Sense That

question 42

Multiple Choice

Knowledge capital is nonrival in the sense that

• A)two people can use the same knowledge to develop and produce a product.
• B)firms do not compete to be the first to develop new technologies.
• C)no single company can be excluded from the benefits of new technologies.
• D)firms can benefit from the research and development of rival firms without paying for that benefit.

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Definitions:

Online

Connected to, served by, or available through a computer or computer network.

Lectures

A method of teaching by giving a discourse on a particular subject before an audience, typically used in universities and colleges.

Effective Training Objectives

Specific, measurable goals that outline the desired outcomes of a training program, aimed at enhancing the knowledge, skills, and abilities of participants.

Measurable Performance Standards

Specific criteria used to assess the effectiveness or efficiency of an employee's work performance, usually quantifiable.