According to the Knowledge-Based View of Strategy,which of the Following

question 15

Multiple Choice

According to the knowledge-based view of strategy,which of the following is NOT considered as an important organisational resource?

• A) operational know-how
• B) organisational culture
• C) financial resources
• D) routines

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Definitions:

GAAP

Generally Accepted Accounting Principles, a collection of commonly-followed accounting rules and standards for financial reporting.

Research and Development

Activities undertaken by a business to develop new products or improve existing ones, often involving innovation and technological advancement.

Capitalized

The process of recording an expenditure as an asset, rather than an expense, allowing a company to spread out the cost over time.

Natural Resource Depletion

The consumption of natural resources faster than they can be replenished, specifically accounted for in the valuation and depreciation of such resources by companies.