Chapter 9 Flashcards
The manager should expect this assessment system to fulfill two requirements
Management
Assessment of monetary dollar value
The Navigator or the Balanced Scorecard
These structured frameworks can help managers learn from what their organizations are already doing
The principle behind these frameworks is the same no matter the method
They assist managers in defining their strategy regarding intangible assets and Intellectual Capital (IC), by helping them set goals to derive appropriate indicators to measure and manage their goals.
The methods presented in this chapter for managing intellectual capital may be adapted to different types of organizations—from local to global and public to private, as well as both profit and nonprofit
True
The public sector
It’s part of the economy that provides public and government services
The private sector
It provides goods and services for profit, according to market demand
Management
To set goals and objectives for managing assets
Assessment of monetary dollar value
To know the actual influence of these efforts on company value