When a firm develops a knowledge asset,such as a process,pays for it and reuses it over and over at a very low cost,this adds ________ for the firm.
A) tacit knowledge
B) little value
C) a competitive advantage
D) a recoverable loss

Question

Quizplus · Accepted Answer

Once a knowledge asset (e.g., a software code or a process) is developed and paid for, it can be reused many times at very low cost, assuming that it doesn't have to be substantially modified each time. This adds competitive advantage for a firm.

When a Firm Develops a Knowledge Asset,such as a Process,pays