Exam 4: Recognizing a Firms Intellectual Assets: Moving Beyond a Firms Tangible Resources

Social capital is a source of strength to many firms. Firms leverage their social capital in an effort to create competitive advantages. The social capital of a firm is based on the

(Multiple Choice)

4.9/5

(34)

Question 141

Social capital does not extend beyond the organizational boundaries to include relationships between the firm and its suppliers, customers, and alliance partners.

(True/False)

4.9/5

(36)

Question 142

From the individual perspective, social networks deliver three unique advantages: private information, access to diverse skill sets, and power.

(True/False)

4.9/5

(37)

Question 143

Hiring via personal networks is a trend in which job recruiters look for candidates at the crux of social relationships in organizations because they have the potential to bring valuable colleagues with them.

(True/False)

4.8/5

(30)

Question 144

The makeup of goods and services in the Gross Domestic Products of developed countries has changed over the last decade. More than 50 percent of the value of GDP of developed countries is based on

(Multiple Choice)

4.8/5

(35)

Question 145

The development of intellectual capital (that is, the friendships and working relationships among talented individuals) gains importance, because it helps tie knowledge workers to a given firm.

(True/False)

4.7/5

(26)

Question 146

Technical skills are a necessary and sufficient condition for hiring an employee.

(True/False)

4.8/5

(33)

Question 147

There are multiple challenges associated with making effective e-teams. Which of the following is not a challenge?

(Multiple Choice)

4.9/5

(35)

Question 148

Intellectual property rights are __________ to define and protect than property rights for physical assets (e.g., plant, equipment, and land).

(Multiple Choice)

4.9/5

(37)

Question 149

Explicit knowledge is in the mind of employees and is based upon their experiences and backgrounds.

(True/False)

4.8/5

(36)

Question 150

The 360-degree evaluation and feedback system addresses many of the limitations of traditional approaches to evaluating human capital.

(True/False)

4.9/5

(48)

Question 151

In the current economy, reliance on the three traditional financial statements (income statement, balance sheet, and statement of cash flow) has increased. A. Howell, an expert on the changing role of finance and accounting, suggests that the big three financial statements are about as useful as an 80-year-old Los Angeles road map.

(True/False)

4.9/5

(41)

Question 152

Social networks such as Facebook do not facilitate increased interactions between members in a social network via Internet-based communications.

(True/False)

4.8/5

(35)

Question 153

To increase productivity, several key lessons were learned by top management at London-based International Power concerning email. Which is not in that list of lessons?

(Multiple Choice)

4.9/5

(32)

Question 154

The dangers of email include all of the following except

(Multiple Choice)

4.9/5

(39)

Question 155

Developing and protecting social capital requires independence, in which individuals must spend most of their time working individually.

(True/False)

4.8/5

(33)

Question 156

By using the ___________ lever, leaders can build nimble interpersonal networks across the company so that employees are better able to collaborate.

(Multiple Choice)

4.8/5

(39)

Question 157

Software algorithms are a form of _____________ that, once developed and paid for, can be reused many times at a very low cost.

(Multiple Choice)

4.8/5

(38)

Question 158

Knowledge-based resources tend to be more in nature and therefore they are __ difficult to protect against loss (i.e., the individual quitting the organization) than other types of capital, such as equipment, machinery, and land.

(Multiple Choice)

4.8/5

(41)

Question 159

Dynamic capabilities do not allow a firm to create a series of temporary advantages through new resource configurations.

(True/False)

4.8/5

(34)

Question 160

Showing 141 - 160 of 173

Social capital is a source of strength to many firms. Firms leverage their social capital in an effort to create competitive advantages. The social capital of a firm is based on the

Social capital does not extend beyond the organizational boundaries to include relationships between the firm and its suppliers, customers, and alliance partners.

From the individual perspective, social networks deliver three unique advantages: private information, access to diverse skill sets, and power.

Hiring via personal networks is a trend in which job recruiters look for candidates at the crux of social relationships in organizations because they have the potential to bring valuable colleagues with them.

The makeup of goods and services in the Gross Domestic Products of developed countries has changed over the last decade. More than 50 percent of the value of GDP of developed countries is based on

The development of intellectual capital (that is, the friendships and working relationships among talented individuals) gains importance, because it helps tie knowledge workers to a given firm.

Technical skills are a necessary and sufficient condition for hiring an employee.

There are multiple challenges associated with making effective e-teams. Which of the following is not a challenge?

Intellectual property rights are __________ to define and protect than property rights for physical assets (e.g., plant, equipment, and land).

Explicit knowledge is in the mind of employees and is based upon their experiences and backgrounds.

The 360-degree evaluation and feedback system addresses many of the limitations of traditional approaches to evaluating human capital.

Social networks such as Facebook do not facilitate increased interactions between members in a social network via Internet-based communications.

To increase productivity, several key lessons were learned by top management at London-based International Power concerning email. Which is not in that list of lessons?

The dangers of email include all of the following except

Developing and protecting social capital requires independence, in which individuals must spend most of their time working individually.

By using the ___________ lever, leaders can build nimble interpersonal networks across the company so that employees are better able to collaborate.

Software algorithms are a form of _____________ that, once developed and paid for, can be reused many times at a very low cost.

Knowledge-based resources tend to be more in nature and therefore they are __ difficult to protect against loss (i.e., the individual quitting the organization) than other types of capital, such as equipment, machinery, and land.

Dynamic capabilities do not allow a firm to create a series of temporary advantages through new resource configurations.

Strategic Management: Creating Competitive Advantages

Analyzing the External Environment of the Firm: Creating Competitive Advantages

Assessing the Internal Environment of the Firm

Business-Level Strategy: Creating and Sustaining Competitive Advantages

Corporate-Level Strategy: Creating Value Through Diversification

International Strategy: Creating Value in Global Markets

Entrepreneurial Strategy and Competitive Dynamics

Strategic Control and Corporate Governance

Creating Effective Organizational Designs

Strategic Leadership: Creating a Learning Organization and an Ethical Organization

Managing Innovation and Fostering Corporate Entrepreneurship

Filters

Exam 4: Recognizing a Firms Intellectual Assets: Moving Beyond a Firms Tangible Resources

Social capital is a source of strength to many firms. Firms leverage their social capital in an effort to create competitive advantages. The social capital of a firm is based on the

Social capital does not extend beyond the organizational boundaries to include relationships between the firm and its suppliers, customers, and alliance partners.

From the individual perspective, social networks deliver three unique advantages: private information, access to diverse skill sets, and power.

Hiring via personal networks is a trend in which job recruiters look for candidates at the crux of social relationships in organizations because they have the potential to bring valuable colleagues with them.

The makeup of goods and services in the Gross Domestic Products of developed countries has changed over the last decade. More than 50 percent of the value of GDP of developed countries is based on

The development of intellectual capital (that is, the friendships and working relationships among talented individuals) gains importance, because it helps tie knowledge workers to a given firm.

Technical skills are a necessary and sufficient condition for hiring an employee.

There are multiple challenges associated with making effective e-teams. Which of the following is not a challenge?

Intellectual property rights are __________ to define and protect than property rights for physical assets (e.g., plant, equipment, and land).

Explicit knowledge is in the mind of employees and is based upon their experiences and backgrounds.

The 360-degree evaluation and feedback system addresses many of the limitations of traditional approaches to evaluating human capital.

Social networks such as Facebook do not facilitate increased interactions between members in a social network via Internet-based communications.

To increase productivity, several key lessons were learned by top management at London-based International Power concerning email. Which is not in that list of lessons?

The dangers of email include all of the following except

Developing and protecting social capital requires independence, in which individuals must spend most of their time working individually.

By using the ___________ lever, leaders can build nimble interpersonal networks across the company so that employees are better able to collaborate.

Software algorithms are a form of _____________ that, once developed and paid for, can be reused many times at a very low cost.

Knowledge-based resources tend to be more ______ in nature and therefore they are ________ difficult to protect against loss (i.e., the individual quitting the organization) than other types of capital, such as equipment, machinery, and land.

Dynamic capabilities do not allow a firm to create a series of temporary advantages through new resource configurations.

Strategic Management: Creating Competitive Advantages

Analyzing the External Environment of the Firm: Creating Competitive Advantages

Assessing the Internal Environment of the Firm

Business-Level Strategy: Creating and Sustaining Competitive Advantages

Corporate-Level Strategy: Creating Value Through Diversification

International Strategy: Creating Value in Global Markets

Entrepreneurial Strategy and Competitive Dynamics

Strategic Control and Corporate Governance

Creating Effective Organizational Designs

Strategic Leadership: Creating a Learning Organization and an Ethical Organization

Managing Innovation and Fostering Corporate Entrepreneurship

Filters

Knowledge-based resources tend to be more in nature and therefore they are __ difficult to protect against loss (i.e., the individual quitting the organization) than other types of capital, such as equipment, machinery, and land.