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

The text discusses three areas a firm must be concerned with in order to keep their best and brightest employees from leaving.These include all of the following EXCEPT:

(Multiple Choice)

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Question 21

Creation of new knowledge typically involves the continual interaction of explicit and tacit knowledge.

(True/False)

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Question 22

Mary Stinson was required to take over a project after the entire team left the company.She was able to reconstruct what the team had accomplished through reading e-mails exchanged by the members of the team.This is an example of ___________.

(Multiple Choice)

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Question 23

The network of relationships that individuals have throughout the organization is known as _____.

(Multiple Choice)

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Question 24

Human capital and social capital are vital for superior firm performance.If a firm has strong human capital,the firm may exploit this by building social capital.This can be accomplished by _____.

(Multiple Choice)

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Question 25

Companies have found that referrals from their own employees are generally an effective approach to recruiting top talent.

(True/False)

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Question 26

The text suggests that talented professionals are typically most concerned about financial rewards.Money is the top reason why such employees take and leave jobs.

(True/False)

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Question 27

What is intellectual capital and what is its effect on the ratio of firm market value to book value?

(Essay)

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Question 28

In an effort to capture key employees from competitors,firms may attract the symbolic leader of a group within a competing firm and hope others will follow.This has been termed _____________.

(Multiple Choice)

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Question 29

According to the text,for most of the 20^th century,managerial efforts were directed more toward the efficient allocation of labor and capital,which are the two traditional factors of production.

(True/False)

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Question 30

Developing social capital is risky for an organization because social capital is specific to individuals and remains with the employee,if he or she leaves the organization.

(True/False)

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(38)

Question 31

In social network analysis,the importance of ties connecting heterogeneous people that help to ensure a wide range of diversity in information and perspective is known as ___________.

(Multiple Choice)

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Question 32

Social capital has downsides.Which of the following is a downside?

(Multiple Choice)

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Question 33

The role of technology in the recruitment of human capital has lowered individual reliance on the use of social networks.

(True/False)

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Question 34

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 ___________.

(Multiple Choice)

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Question 35

Social capital is found in the knowledge,skills,and abilities of individual employees.

(True/False)

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(34)

Question 36

Many successful firms use internal labor markets.The most important reason for doing this is _____.

(Multiple Choice)

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(34)

Question 37

Social capital is based on the network of relationships within a firm,not in the skills and abilities of an individual employee.

(True/False)

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(34)

Question 38

Firms such as Apple and Google will tend to have a higher ratio of market value to book value than industrial companies such as Nucor Steel.

(True/False)

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(42)

Question 39

One of the most important elements in a good employee is his or her attitude.Firms should follow the adage: hire for attitude,train for skill.

(True/False)

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Question 40

Showing 21 - 40 of 90

The text discusses three areas a firm must be concerned with in order to keep their best and brightest employees from leaving.These include all of the following EXCEPT:

Creation of new knowledge typically involves the continual interaction of explicit and tacit knowledge.

Mary Stinson was required to take over a project after the entire team left the company.She was able to reconstruct what the team had accomplished through reading e-mails exchanged by the members of the team.This is an example of ___________.

The network of relationships that individuals have throughout the organization is known as _____.

Human capital and social capital are vital for superior firm performance.If a firm has strong human capital,the firm may exploit this by building social capital.This can be accomplished by _____.

Companies have found that referrals from their own employees are generally an effective approach to recruiting top talent.

The text suggests that talented professionals are typically most concerned about financial rewards.Money is the top reason why such employees take and leave jobs.

What is intellectual capital and what is its effect on the ratio of firm market value to book value?

In an effort to capture key employees from competitors,firms may attract the symbolic leader of a group within a competing firm and hope others will follow.This has been termed _____________.

According to the text,for most of the 20^th century,managerial efforts were directed more toward the efficient allocation of labor and capital,which are the two traditional factors of production.

Developing social capital is risky for an organization because social capital is specific to individuals and remains with the employee,if he or she leaves the organization.

In social network analysis,the importance of ties connecting heterogeneous people that help to ensure a wide range of diversity in information and perspective is known as ___________.

Social capital has downsides.Which of the following is a downside?

The role of technology in the recruitment of human capital has lowered individual reliance on the use of social networks.

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 ___________.

Social capital is found in the knowledge,skills,and abilities of individual employees.

Many successful firms use internal labor markets.The most important reason for doing this is _____.

Social capital is based on the network of relationships within a firm,not in the skills and abilities of an individual employee.

Firms such as Apple and Google will tend to have a higher ratio of market value to book value than industrial companies such as Nucor Steel.

One of the most important elements in a good employee is his or her attitude.Firms should follow the adage: hire for attitude,train for skill.

Strategic Management: Creating Competitiveadvantages

Analyzing the External Environment Ofthe Firm: Creating Competitive Advantages

Assessing the Internal Environmentof the Firm

Business-Level Strategy: Creating Andsustaining Competitive Advantages

Corporate-Level Strategy: Creatingvalue Through Diversification

International Strategy: Creating Valuein Global Markets

Entrepreneurial Strategy and Competitive Dynamics

Strategic Control and Corporategovernance

Creating Effective Organizational Designs

Strategic Leadership: Creating a Learning Organization and an Ethical Organization

Managing Innovation and Fosteringcorporate Entrepreneurship

Filters

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

The text discusses three areas a firm must be concerned with in order to keep their best and brightest employees from leaving.These include all of the following EXCEPT:

Creation of new knowledge typically involves the continual interaction of explicit and tacit knowledge.

Mary Stinson was required to take over a project after the entire team left the company.She was able to reconstruct what the team had accomplished through reading e-mails exchanged by the members of the team.This is an example of ___________.

The network of relationships that individuals have throughout the organization is known as _____.

Human capital and social capital are vital for superior firm performance.If a firm has strong human capital,the firm may exploit this by building social capital.This can be accomplished by _____.

Companies have found that referrals from their own employees are generally an effective approach to recruiting top talent.

The text suggests that talented professionals are typically most concerned about financial rewards.Money is the top reason why such employees take and leave jobs.

What is intellectual capital and what is its effect on the ratio of firm market value to book value?

In an effort to capture key employees from competitors,firms may attract the symbolic leader of a group within a competing firm and hope others will follow.This has been termed _____________.

According to the text,for most of the 20th century,managerial efforts were directed more toward the efficient allocation of labor and capital,which are the two traditional factors of production.

Developing social capital is risky for an organization because social capital is specific to individuals and remains with the employee,if he or she leaves the organization.

In social network analysis,the importance of ties connecting heterogeneous people that help to ensure a wide range of diversity in information and perspective is known as ___________.

Social capital has downsides.Which of the following is a downside?

The role of technology in the recruitment of human capital has lowered individual reliance on the use of social networks.

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 ___________.

Social capital is found in the knowledge,skills,and abilities of individual employees.

Many successful firms use internal labor markets.The most important reason for doing this is _____.

Social capital is based on the network of relationships within a firm,not in the skills and abilities of an individual employee.

Firms such as Apple and Google will tend to have a higher ratio of market value to book value than industrial companies such as Nucor Steel.

One of the most important elements in a good employee is his or her attitude.Firms should follow the adage: hire for attitude,train for skill.

Strategic Management: Creating Competitiveadvantages

Analyzing the External Environment Ofthe Firm: Creating Competitive Advantages

Assessing the Internal Environmentof the Firm

Business-Level Strategy: Creating Andsustaining Competitive Advantages

Corporate-Level Strategy: Creatingvalue Through Diversification

International Strategy: Creating Valuein Global Markets

Entrepreneurial Strategy and Competitive Dynamics

Strategic Control and Corporategovernance

Creating Effective Organizational Designs

Strategic Leadership: Creating a Learning Organization and an Ethical Organization

Managing Innovation and Fosteringcorporate Entrepreneurship

Filters

According to the text,for most of the 20^th century,managerial efforts were directed more toward the efficient allocation of labor and capital,which are the two traditional factors of production.