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Re: accounts receivable = tacit knowledge & accounts payable = explicit knowledge - follow up


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Posted by Boris Pluskowski on October 02, 2002 at 15:29:59:

In Reply to: Re: accounts receivable = tacit knowledge & accounts payable = explicit knowledge - follow up posted by Mezei on September 22, 2002 at 19:14:29:

Hi Don

There are many reasons why a company makes a profit - and profit (ie money in the bank) is not a pure function of Intellectual Capital - there are tons of reasons why companies end up with more cash in the bank than they spent - both internal factors (good strategies, good ability to implement them, etc) which could be interpreted to an extent as IC - but also external factors (a competitor's reactions, market affinity for the product, and even sheer luck!) that are in no way related to the company - let alone its IC.




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