Exam 4: Recognizing a Firms Intellectual Assets: Moving Beyond a Firms Tangibleresources

Since electronic teams (e-teams)seldom meet face-to-face,it is NOT important for them to be concerned with how to combine individual contributions effectively.

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

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 _____.

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

Effective human capital is a benefit to any organization.What are some challenges firms face when attempting to attract and develop top talent?

Feedback and 360-evaluation systems are used by organizations to provide performance information to employees.Describe how the 360-evaluation systems are implemented and give an example of how it is used in an actual company.

An internal work opportunity market for employees is one means of increasing employee retention.

The creation of knowledge assets is typically characterized by ____________.

Generally,employees are most likely to stay with an organization if _____________.

In most effective evaluation and reward systems employees only receive evaluation and feedback from their immediate supervisor.

One potential downside of building social capital in an organization is groupthink.This means everyone in the group thinks on his or her own and comes up with new ideas.

Address some of the challenges associated with protecting intellectual property.

The management of intellectual property involves all of the following EXCEPT _____.

Human capital includes ________________.

The Millennial generation expects employers to provide incentives to attract and retain them.A company that does this will have a competitive advantage.

According to the text,effective e-teams identify group members with a proper balance of technical and interpersonal skills.

In order to take advantage of investment in human capital,a firm should ___________.

Which of the following reasons explains why painter Vincent van Gogh died penniless,while painter Pablo Picasso left a $740 million estate upon this death?

Developing human capital is essential to maintaining a competitive advantage in the current knowledge economy.Efforts and initiatives to develop human capital should be directed ____.

Which of the following is not an example of an IP-related litigation?