Identify three reasons why communities are the building blocks of a knowledge-based company

What will be an ideal response?


1. People, not processes perform the work.
2. Learning is about work, work is about learning, and both are social.
3. Organizations are webs of participation.

Business

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The cost of goods sold for a company for the year was $1,600,000 . Merchandise inventory at the beginning of the year was $195,000 and merchandise inventory at the end of the year was $205,000 . The average number of days that the inventory was held during the year was

a. 8.0 days. b. 25.0 days. c. 39.6 days. d. 45.6 days.

Business

The monthly earnings of computer systems analysts are normally distributed with a mean of $4,300. If only 1.07 percent of the systems analysts have a monthly income of more than $6,140, what is the value of the standard deviation of the monthly earnings of the computer systems analysts?

What will be an ideal response?

Business

A visual line fit to points in a scatter diagram may be used to identify the approximate relation between past cost and unit data.

Answer the following statement true (T) or false (F)

Business

Keiretsu make up what percentage of listed Japanese companies?

a. 10% b. 25% c. 50% d. 75%

Business