Asked by clara batista on May 06, 2024
Verified
Which of the following organizations most likely trades in knowledge?
A) A consulting firm that sells its expertise in dealing with management problems
B) An automobile manufacturing company that produces custom-made cars
C) A food manufacturing firm that manufactures health products
D) A bookstore that gives free bookmarks with every purchase
Knowledge Trade
The exchange of expertise, information, and skills between individuals, organizations, or countries, often facilitated by technology or collaborative partnerships.
Consulting Firm
A company that provides expert advice to businesses in a specific field.
Management Problems
Issues or challenges faced by managers in directing organizational operations, often involving team performance, resource allocation, or strategic planning.
- Identify the distinctions between knowledge workers and various other employee groups, recognizing their significance in achieving organizational goals.
Verified Answer
SN
Siti Nur Syatira Azwa Binti AmmeranMay 10, 2024
Final Answer :
A
Explanation :
A consulting firm trades in knowledge by selling its expertise in specific areas, such as management problems, to clients. This involves providing advice, strategies, and solutions based on knowledge and experience, rather than physical goods.
Learning Objectives
- Identify the distinctions between knowledge workers and various other employee groups, recognizing their significance in achieving organizational goals.