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never [62]
2 years ago
15

What refers to the practices aimed at discovering and harnessing an organizations intellectual resources?

Business
1 answer:
Alla [95]2 years ago
4 0

Answer: Knowledge management

Explanation: Knowledge management approach focuses on making best use of the knowledge with the intent of achieving organisational objectives. It involves discovering, sharing and harnessing of the intellectual resources that a company holds.

Knowledge management brings improved performance, innovation and competitive advantage to the organisation.

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The CEO of Tough Mudder believes that teams in his company are not working as effectively as they could, and he is asking you fo
Scrat [10]

Answer:

c. Encourage team members to socialize online by sharing photos and videos. Reach out to people from cultures where proactively sharing ideas is not valued.

8 0
2 years ago
Milano Gallery purchases the copyright on an oil painting for $510,000 on January 1, 2017. The copyright legally protects its ow
Shtirlitz [24]

Answer:

See journal entries below.

Explanation:

The copy right is known as an intangible asset that is purchased to a business hence debited to factor in its purchase value while the bank is credited for the payment for the purchase.

Although the copyright is amortized for 12 years, the copyright protection expires after 12 years - which is the legal year irrespective of its plan to market and sell the painting for 19 years.

• Entries to record to record the purchase of copyrights on January 1, 2017.

Date

January 1,2017

Copyright Dr $510,000

Bank Cr $510,000

(Being purchase of 12 years painting copyrights)

• Annual amortization on December 31, 2017

December 31, 2017

Amortization Dr $42,500

Copyright Cr $42,500

(Being annual amortization cost on 12 years painting copyright)

3 0
2 years ago
Van Frank Telecommunications has a patent on a cellular transmission process. The company has amortized the $18.90 million cost
Savatey [412]

Answer:

The appropiate Journal Entry would be the following:

Amortization Expense Dr. $5.25  million

                                     Patent Cr. $5.25 million

Explanation:

According to the given data, we have the following:

Original Cost of patent = $18.90 million

Hence, Annual Amortization (Old) = 18.90/9 = $2.1 million

Amortization till Date (2017 - 2021) = 2.1*4 = $8.4 million

Hence, Unamortized Value = 18.90 - 8.4 =$ 10.5 million

Also, Remaining Life = 6 - 4 = 2 Years

Therefore, The New Amortization = Unamortized Value/Remaining Life = 10.5/2 = $5.25 million

The appropiate Journal Entry would be the following:

Amortization Expense Dr. $5.25  million

                                     Patent Cr. $5.25 million

7 0
3 years ago
Galaxy, a construction company, buys a particular brand of tiles manufactured by Tiles and Floors, an eco-friendly tile manufact
Olegator [25]

Answer:

a. Resources

Explanation:

Due to the close down of Tiles and Floors, the resource which are eco friendly tiles needed by the construction company isn't available. Therefore, galaxy is currently facing a resource constraint.

I hope my answer helps you

3 0
2 years ago
Scrum relies on three key roles. A person who acts on behalf of customers to represent their interests and who is responsible fo
seraphim [82]

Answer:

Product Owner

Explanation:

A product owner is an intermediary between the development team and the users . It evaluates a project from the perspective of a customer by finding out what features of a product will satisfy their needs and and works with the development team in realizing it . It acts to represents the interest of the customers by ensuring that the efforts of the development team focused on developing a project that will fulfill the business objective of the project

5 0
3 years ago
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