Final answer:
Organizational effectiveness is truly dependent on an organization's ability to acquire, share, use, and store valuable knowledge, as these capabilities are essential for maintaining competitiveness, adapting to change, and achieving long-term success.
Step-by-step explanation:
True, organizational effectiveness indeed depends on the organization's capacity to acquire, share, use, and store valuable knowledge. This is because knowledge is a critical asset that can give a company a competitive advantage. The ability to acquire knowledge means that an organization can take in new information and learn from external sources. Sharing knowledge within the organization ensures that the information is disseminated efficiently and effectively to all parts that need it. The use of knowledge refers to an organization's capacity to apply what has been learned to improve processes, products, or services. Lastly, storing knowledge effectively means that the information and experiences can be retrieved and used in the future, which is vital for long-term success. Each of these capabilities is key for maintaining and enhancing organizational effectiveness, adapting to changes, and achieving strategic objectives.