What is knowledge management?

What will be an ideal response?


Knowledge management refers to a set of strategies and practices organizations use to become more systematic about managing intellectual capital. It is a field of study in which researchers investigate all the roles these intangible assets play, how they contribute to competitive advantage and productivity, and how human behavior interacts with efforts to capture and share knowledge.
Knowledge management is a spirited field, drawing people from many different disciplines. Some focus heavily on the role technology plays in capturing and managing intellectual capital. Others stress the human and organizational elements, noting that the success of knowledge management efforts depends less on technology than on people's willingness to participate.

Business

You might also like to view...

Which of the following items should not appear in the long-term liability section of the balance sheet?

a. Accrued income taxes b. Deferred income taxes c. Bonds payable d. Pension obligations

Business

Answer the following statements true (T) or false (F)

1. Managers of virtual workers should arrange for them to meet regularly.  2. Over 20 years ago, Peter Drucker predicted that the future organization would be organized around teamwork, but that has yet to occur.  3. Among the benefits of teamwork is the reduction of destructive internal competition.  4. While quality is usually improved by using teamwork in an organization, productivity typically suffers because teamwork is time consuming. 

Business

Today, ________ are flourishing due to the increased use of market segmentation and market targeting

A) chain stores B) specialty stores C) superstores D) discount stores E) off-price stores

Business

Which of the following is TRUE about task and relationship conflict?

a. The two are often related. b. Task conflicts often lead to increased relationship conflicts. c. The two are not at all related. d. The two are related only on routine tasks.

Business