Question 1

Address some of the challenges associated with protecting intellectual property.

Accepted Answer

Protecting intellectual property can be ...

Question 2

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.

Accepted Answer

360-evaluation systems are implemented b...

Question 3

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

Accepted Answer

A) True 
 B)False

Question 4

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

Accepted Answer

A) True 
 B)False

Question 5

The creation of knowledge assets is typically characterized by ____________.

Accepted Answer

A)   high upfront costs and subsequent high variable costs
B)   high fixed costs and high variable costs
C)   high upfront costs and low variable costs
D)   low upfront costs and high variable costsE) B) and D)
F) C) and D)

Question 6

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

Accepted Answer

A)   patents
B)   converting explicit knowledge to tacit knowledge
C)   contracts with confidentiality and noncompete clauses
D)   copyrights and trademarkE) All of the above
F) B) and C)

Question 7

Human capital includes ________________.

Accepted Answer

A)   the relationships between people
B)   an individual's capabilities, knowledge, and skills
C)   the output from assembly line employees
D)   an improved productE) A) and D)
F) B) and C)

Question 8

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 ____.

Accepted Answer

A)   at top managers
B)   at human resource departments
C)   throughout the firm at all levels
D)   at the employees themselvesE) All of the above
F) A) and D)

Question 9

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

Accepted Answer

A)   the employer provides high salaries to technology professionals
B)   the firm is in a high tech industry
C)   the organization mission and values align with the employees mission and values
D)   the mission and values of the organization change oftenE) A) and B)
F) B) and C)

Question 10

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.

Accepted Answer

A) True 
 B)False

Question 11

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

Accepted Answer

A) True 
 B)False

Question 12

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

Accepted Answer

A) True 
 B)False  False

Question 13

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

Accepted Answer

A)   Apple and HTC sue each other based on patent infringement.
B)   Apple sues smartphone makers running Android, Google's mobile operating system.
C)   China is sued by U.S. manufacturers of video games.
D)   The United States sues to get access to physical plant assets in China.E) All of the above
F) C) and D)

Question 14

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?

Accepted Answer

A)   Picasso had a wider range of social connections and bridging relationships.
B)   Van Gogh had a wider range of social connections.
C)   Picasso was a solitary node with few connections.
D)   Van Gogh was a hub who embedded himself in a vast network that stretched across various social lines.E) A) and B)
F) C) and D)

Question 15

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

Accepted Answer

A) True 
 B)False

Question 16

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

Accepted Answer

Some challenges firms face when attempti...

Question 17

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 _____.

Accepted Answer

A)   clothing and apparel
B)   capital accumulation
C)   knowledge
D)   financial managementE) B) and C)
F) None of the above C

Question 18

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.

Accepted Answer

A) True 
 B)False  False

Question 19

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

Accepted Answer

A)   rotate workers through functions in the company as quickly as possible
B)   refrain from training individual employees
C)   establish practices that will enhance employee retention
D)   keep employees in the same position foreverE) A) and C)
F) C) and D)

Question 20

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

Accepted Answer

A) True 
 B)False

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

Address some of the challenges associated with protecting intellectual property.

Correct AnswerAnswered by ExamLex AIProtecting intellectual property can be ...View AnswerShow Answer

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.

Correct AnswerAnswered by ExamLex AI360-evaluation systems are implemented b...View AnswerShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

The creation of knowledge assets is typically characterized by ____________.

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Human capital includes ________________.

Correct AnswerverifiedShow Answer

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 ____.

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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.

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedFalse

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

Correct AnswerverifiedShow Answer

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?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerAnswered by ExamLex AISome challenges firms face when attempti...View AnswerShow Answer

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 _____.

Correct AnswerverifiedC

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.

Correct AnswerverifiedFalse

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Correct Answer
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Protecting intellectual property can be ...
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360-evaluation systems are implemented b...
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False

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Some challenges firms face when attempti...
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C

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