Question

In: Operations Management

Due diligence builds from the top down—from knowledge to information to data. True or False

Due diligence builds from the top down—from knowledge to information to data.

True or False

Solutions

Expert Solution

FALSE

From knowledge to information to data, the sequence as per the question is incorrect.

Let me explain Due Delligence, it is a kind of investigation or Audit of a product, service or any potential investment to be made. It is a critical examination of all the checklist or factors related to the project/service/investment which includes financial examinations, legal aspects and all other transactional aspects as well. It is in use in a legal scene for hundred of years.

Basically it refers to a research which is done prior to entering into in an agreement with any other party or organisation or group of organisations or individuals.

For example, whenever a Company plans to acquire another company; they first perform due delligence. This can be of many types, financial due Delligence, legal dye Delligence, customer or vedor due delligence etc.

Facts plays a pivotal role, information in the form of facts is considered for this process.

This is always a fact based investigation and based on that a due delligence report is finalized.

Thanks, give a ? if you liked the answer.

All the best


Related Solutions

PART ONE TRUE or FALSE 1. Business Research builds knowledge or solves business-related problems or issues...
PART ONE TRUE or FALSE 1. Business Research builds knowledge or solves business-related problems or issues and assists in effective decision-making. True /  False 2. Measurement and data collection involves subjective concept such as feelings, emotions, attitudes, and perceptions. True / False 3. A problem could also indicate an interest in an issue where finding the right answers might help to improve an existing situation. True /  False 4. Dependent Variable (DV) can Influences the IV in either positive or negative way....
True/False: Bottom-up and top-down proof procedures can be proven to be sound and complete. Select one:...
True/False: Bottom-up and top-down proof procedures can be proven to be sound and complete. Select one: True False Question 10 Question text Which of the following algorithm selects a successor of the current assignment that most improves some evaluation function and if there are several possible successors that one is chosen at random? Select one: a. Consistency algorithm b. Generate-and-Test algorithm c. Constraint algorithm d. Iterative Best Improvement algorithm Clear my choice Question 11 Question text Which of the following...
Select True or False from each pull-down menu, depending on whether the corresponding statement is true...
Select True or False from each pull-down menu, depending on whether the corresponding statement is true or false.   ?    True    False      1. Using the standard normal curve, the z−z−score representing the 90th percentile is 1.28.   ?    True    False      2. The mean and standard deviation of a normally distributed random variable which has been standardized are one and zero, respectively.   ?    True    False      3. A random variable XX is normally distributed with a mean of 150 and a variance of 36. Given that X=120X=120, its corresponding z−z−...
KNOWLEDGE MANAGEMENT 11. Externalization is the conversion of tacit knowledge into explicit form. * TRUE FALSE...
KNOWLEDGE MANAGEMENT 11. Externalization is the conversion of tacit knowledge into explicit form. * TRUE FALSE 12. KM mechanisms facilitate socialization, while KM technologies support combination. * TRUE FALSE 13. Mechanisms that facilitate combination include collaborative problem solving, joint decision making, and employee rotation across areas. * TRUE FALSE 14. KM can enhance employees’ learning and exposure to the latest knowledge in their fields. * TRUE FALSE 15. One important way in which learning through socialization may be facilitated is...
Explain the relationship between information, data, and knowledge. Apply the concepts of data, information and knowledge...
Explain the relationship between information, data, and knowledge. Apply the concepts of data, information and knowledge to data stored in a patient’s medical record. If a physician is looking at data in a patient’s chart, discuss what occurs in order for data to be transformed from data to information, then to knowledge.
KNOWLEDGE MANAGEMENT Knowledge management may be applied to both individuals and organizations. * TRUE FALSE 2....
KNOWLEDGE MANAGEMENT Knowledge management may be applied to both individuals and organizations. * TRUE FALSE 2. A company’s human capital may reside in the minds of its employees, vendors and customers. * TRUE FALSE 3. Intellectual capital is synonymous with human capital. * TRUE FALSE 4. Although intellectual capital is ubiquitous, there are no standard tools to manage it as an asset. * TRUE FALSE 5. Data and information are essentially the same and should be treated equally. * TRUE...
Identify the following statements as true or false. (Use the drop-down menu and select "True" or...
Identify the following statements as true or false. (Use the drop-down menu and select "True" or "False" for each. You must get all 6 correct.) 1. The entropy of the universe is constant; the energy of the universe decreases towards a minimum. 2. If a reaction is spontaneous, the reverse reaction is non-spontaneous. 3. If a process decreases the randomness of the particles of a system, the entropy of the system decreases. 4. Both ΔSsys and ΔSsurr must equal zero...
Six Sigma intended to be deployed from the Top - Down, i.e. from Corporate Level down...
Six Sigma intended to be deployed from the Top - Down, i.e. from Corporate Level down to Process Level. Share your thoughts with regards to trying to deploy the strategy from the "Bottom - Up". That is to say, use projects at the lower levels in the organization to grow a Six Sigma strategy at a company. Consider the size of the company and the willingness of the company to accept change
In Knowledge management why is it important to differentiate between information, data and knowledge?
In Knowledge management why is it important to differentiate between information, data and knowledge?
ARE THESE STATEMENTS TRUE OR FALSE: 1. Epigenetic changes to the DNA are passed down to...
ARE THESE STATEMENTS TRUE OR FALSE: 1. Epigenetic changes to the DNA are passed down to the offspring, however, they do not cause changes to the genes, or alleles. Is this statement true or false? 2.Genes are located on chromosomes. Is this statement true or false? 3.  If someone with type B blood has children with someone who is type A blood, is it possible for them to have a child that is type O? YES OR NO?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT