Question

Which of the following statements about organizational knowledge is correct?

a. Knowledge is an intangible resource.
b. The importance of knowledge is increasing.
c. The value of knowledge as a proportion of shareholder value is increasing.
d. All of these choices are correct.

Answer 1

All statements a, b, and c about organizational knowledge are accurate. Knowledge is an intangible asset, its importance and value in terms of shareholder equity are growing.

Step-by-step explanation:

The question concerns the nature and value of organizational knowledge, which is a key asset in today's information-driven economy. All provided statements a, b, and c are correct regarding the characteristics of knowledge within an organization.

• Knowledge is an intangible resource: It is true that knowledge, unlike physical assets, cannot be easily quantified or measured because it exists in the minds of employees and organizational processes.
• The importance of knowledge is increasing: In our current era, 'knowledge' is often touted as the primary source of competitive advantage, crucial for innovation and strategic decision-making.
• The value of knowledge as a proportion of shareholder value is increasing: In recent times, intangible assets, including knowledge, make up a growing portion of a company's market value compared to tangible assets.

Therefore, the final answer with a two-line explanation in 300 words is: All of these choices are correct. Knowledge is a critical and increasingly valuable intangible asset within organizations.