*** What is the role that knowledge management and systems play in addressing various impediments to strategic implementation of global business?

[impediments to coordination of strategy abound: legal, political, economic, technological, and other] -The role that knowledge management and systems play is that the internet, email w/ attachments, etc is making it much easier to overcome locational and communication impediments to coordinating strategy -New technology is making it easier to disseminate both tacit and explicit knowledge to subsidiaries and other global affiliates (via web training, emails, etc), and transforming tacit knowledge into explicit knowledge (which organizational control often hinges on) More test answers on https://studyhippo.com/fvc1-gb-ch-9-control-of-global-business/

In the context of knowledge management, which of the following is true of multinational enterprises (MNEs) adopting a transnational strategy?

Knowledge is developed jointly and shared worldwide. More test answers on https://studyhippo.com/inb-300-chapter-12/

In the context of knowledge management, which of the following is true of multinational enterprises (MNEs) adopting a localization strategy?

Knowledge is developed and retained within each subsidiary. More test answers on https://studyhippo.com/inb-300-chapter-12/

In the knowledge management value chain what helps managers avoid a deluge of information and focus attention on important information?

Training programs, information networks, and shared management experience. More test answers on https://studyhippo.com/is-301-chapter-11/

In the context of knowledge management, which of the following is true of multinational enterprises (MNEs) adopting a global standardization strategy?

Knowledge is mostly developed and retained at the center and key locations. More test answers on https://studyhippo.com/inb-300-chapter-12/

What are the four stages of the knowledge management value chain?

1) Knowledge acquisition 2) Knowledge storage 3) Knowledge dissemination 4) Knowledge application Each stage adds value to raw data and information as they are transformed into usable knowledge. More test answers on https://studyhippo.com/is-301-chapter-11/

What are the differences among collective intelligence, knowledge management, and crowd sourcing.

Collective intelligence is collaborating and tapping into the core knowledge of all employees, partners, and customers. Knowledge management involves capturing, classifying, evaluating, retrieving, and sharing information assets in a way that provides context for effective decisions and actions. The goal is to make sure all the company’s gathered information is readily available to its employees. Crowdsourcing is referring to the idea of wisdom of the crowd. It is the idea that collected intelligence is greater than the sum of its individual parts. The differences between the three are as follows, collective intelligence is the gathering of just that, intelligence/knowledge. Knowledge management is just what is done with that intelligence/knowledge and how can a company use it. And crowd sourcing is a method used to gather that information/knowledge. More test answers on https://studyhippo.com/exam-2-mis-300/

The following statements about knowledge management (KM) are true except

KM is a well defined body of knowledge with an established theoretical base More test answers on https://studyhippo.com/info-461/

What is the role of management in the knowledge storage stage of the knowledge management value chain?

-To support development of planned knowledge storage systems. -Encourage development of corporate-wide schemas for indexing documents. -Reward employees for taking time to update and store documents properly. More test answers on https://studyhippo.com/is-301-chapter-11/

Home Page Science Engineering Educational Technology Knowledge Management Page 2

Knowledge Management Flashcards, test questions and answers

Discover flashcards, test exam answers, and assignments to help you learn more about Knowledge Management and other subjects. Don’t miss the chance to use them for more effective college education. Use our database of questions and answers on Knowledge Management and get quick solutions for your test.

What is Knowledge Management?

Knowledge Management (KM) is the process of creating, sharing, using and managing the knowledge and information within an organization. It involves both technology and people to ensure that all stakeholders are able to access the right information at the right time in order to make informed decisions. KM can help organizations improve their performance by capturing, organizing and leveraging existing knowledge resources.KM has become increasingly important as organizations strive for competitive advantage in a constantly changing global environment. As businesses become more complex and interconnected, they need effective methods to capture knowledge from different sources such as employees, partners and customers; store it in an easily accessible form; make it available for reuse in various ways; create new knowledge through collaboration; share expertise across departments or divisions; automate processes for faster decision making; monitor trends for better forecasting; reduce costs associated with training personnel on specific topics or skillsets; encourage innovation through shared ideas; increase employee engagement in problem solving activities etc. In order to achieve these goals organisations must have a strong KM strategy which outlines how they will manage their intellectual assets, identify relevant sources of data/information/knowledge, determine who should be responsible for what tasks, develop clear policies regarding retention of documents/data etc., implement suitable technologies such as databases or search engines that allow easy retrieval of content etc. Once implemented effectively this strategy will enable them to unlock hidden potentials within their organisation leading to improved efficiency & productivity while reducing cost at the same time.

We've found 35 Knowledge Management tests

Application Programming Interface Brick And Mortar Domain Name System Drag And Drop Knowledge Management Long Term Growth

Ch 15: Social Networking Flashcards 76 terms

Maisie Clarke

76 terms

Preview

Business Intelligence Data Information Systems Knowledge Management Market Basket Analysis

CH 9_MIS/BCIS_Flash Cards – Flashcards 64 terms

Ben Stevenson

64 terms

Preview

Drag And Drop Goods And Services Knowledge Management

(E1) Baltzan 3.2 : Ebusiness: Electronic Business Value- Web 2.0: Business 2.0 – Flashcards 61 terms

Ember Wagner

61 terms

Preview

Algorithms Business Management Computer Based Systems Decision Making Decision Support System Knowledge Management Organizational Decision Making Planning And Decision Making

IS 3003 Larry Ball Ch 11 – Flashcards 20 terms

Julia Rush

20 terms

Preview

Computer Based Systems Content Management System Knowledge Management Knowledge Management System

IS 301, Chapter 11 – Flashcards 45 terms

Alexandra Robertson

45 terms

Preview

Business Goods And Services Knowledge Management Natural Language Processing Project Management Rapid Application Development Real Time Information Systems Development Life Cycle

I,S CH3 – Flashcards 10 terms