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MAF661 Chap 4 & Chap 5

Authored by Muhammad Rahimi

Business

University

Used 7+ times

MAF661 Chap 4 & Chap 5
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30 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Knowledge workers are more loyal to their companies than traditional workers

TRUE

FALSE

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

As the competitive environment changes, strategic management must focus on different aspects of the organization. Recently, strategic management has moved from focusing on tangible resources to

fixed capital

working capital

investment capital

intangible resources

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

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

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

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

individual abilities of employees

allocation of the financial resources of the firm

knowledge of an individual

relationships among the employees of the firm

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Technology can be used successfully to leverage human capital and knowledge within organizations as well as with customers and suppliers beyond their boundaries

TRUE

FALSE

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

____ is the network of relationships that individuals have throughout the organization.

Human capital

Intellectual capital

Tacit knowledge

Social capital

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

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

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