Podcast
Questions and Answers
According to the resource-based view of the firm, what are the conditions for knowledge to be considered strategic assets?
According to the resource-based view of the firm, what are the conditions for knowledge to be considered strategic assets?
- It is common, it cannot add value, it can be replaced, it can be imitated
- It is common, it can add value, it cannot be replaced, it cannot be imitated
- It is rare, it cannot add value, it can be replaced, it can not be imitated
- It is rare, it can add value, it can not be replaced, it can not be imitated (correct)
What is one of the reasons for the need to manage knowledge in today’s organization?
What is one of the reasons for the need to manage knowledge in today’s organization?
- Expansion of the work force
- Increasing staff retention
- Rising rate of innovation (correct)
- Decreasing competition
How do reductions in staffing create a need to replace informal knowledge with formal methods?
How do reductions in staffing create a need to replace informal knowledge with formal methods?
- By decreasing the need for formal methods
- By promoting informal knowledge over formal methods
- By increasing the availability of informal knowledge
- By reducing the size of the work force that holds valuable business knowledge (correct)
What effect do competitive pressures have on the work force that holds valuable business knowledge?
What effect do competitive pressures have on the work force that holds valuable business knowledge?
What impact do early retirements and increasing mobility of the work force have on knowledge in organizations?
What impact do early retirements and increasing mobility of the work force have on knowledge in organizations?
Why might changes in strategic direction result in the loss of knowledge in a specific area?
Why might changes in strategic direction result in the loss of knowledge in a specific area?
What form does tacit knowledge take?
What form does tacit knowledge take?
Which type of knowledge is considered more significant as a source for innovation and competitive advantage?
Which type of knowledge is considered more significant as a source for innovation and competitive advantage?
What is an expert in a specialized area recognized for?
What is an expert in a specialized area recognized for?
What is deductive reasoning based on?
What is deductive reasoning based on?
Which statement best describes inductive reasoning?
Which statement best describes inductive reasoning?
What is learning by discovery characterized by?
What is learning by discovery characterized by?
What does learning by doing represent?
What does learning by doing represent?
Which type of knowledge can be found in the form of rules, policies, procedures, researches, and manuals?
Which type of knowledge can be found in the form of rules, policies, procedures, researches, and manuals?
What is the unique performance of an expert clearly recognized in?
What is the unique performance of an expert clearly recognized in?
What is the main focus of knowledge management (KM)?
What is the main focus of knowledge management (KM)?
What are some benefits of knowledge management to individuals and organizations?
What are some benefits of knowledge management to individuals and organizations?
What concept introduced by Senge is strongly related to knowledge management?
What concept introduced by Senge is strongly related to knowledge management?
How does knowledge management benefit organizations in relation to competition?
How does knowledge management benefit organizations in relation to competition?
What is the role of Human Resource Management (HRM) in the field of knowledge management?
What is the role of Human Resource Management (HRM) in the field of knowledge management?
What is the main impact of technology development on knowledge management?
What is the main impact of technology development on knowledge management?
What is the significance of knowledge discovery & creating systems in Knowledge Management Systems (KMS)?
What is the significance of knowledge discovery & creating systems in Knowledge Management Systems (KMS)?
What is the difference between data and information?
What is the difference between data and information?
'Learning Organization (LO)' introduced by Senge focuses on:
'Learning Organization (LO)' introduced by Senge focuses on:
'Intellectual Capital (IC)' movement focuses on:
'Intellectual Capital (IC)' movement focuses on:
Which of the following best describes 'data'?
Which of the following best describes 'data'?
What type of knowledge is related to having information about facts and state of things?
What type of knowledge is related to having information about facts and state of things?
Which type of knowledge resides in the human mind, behavior, and perception?
Which type of knowledge resides in the human mind, behavior, and perception?
What does explicit knowledge refer to?
What does explicit knowledge refer to?
According to the text, which statement best describes 'information'?
According to the text, which statement best describes 'information'?
According to Polanyi 1966 and Nonaka and Takeuchi (1995), what are the most famous categories of knowledge?
According to Polanyi 1966 and Nonaka and Takeuchi (1995), what are the most famous categories of knowledge?
Which type of knowledge is related to having the ability to apply rules of a discipline to complex real-world problems?
Which type of knowledge is related to having the ability to apply rules of a discipline to complex real-world problems?
What type of knowledge involves extensive training and certification?
What type of knowledge involves extensive training and certification?
"Innovative knowledge" falls under which type of classification according to the text?
"Innovative knowledge" falls under which type of classification according to the text?
What happened when you shared your colleagues' knowledge?
What happened when you shared your colleagues' knowledge?
What is the aim of negotiation?
What is the aim of negotiation?
Which type of negotiation approach tends to resemble haggling in a market?
Which type of negotiation approach tends to resemble haggling in a market?
What is a major factor in determining the success of negotiations?
What is a major factor in determining the success of negotiations?
In what type of negotiation is there a focus on creating value for all parties involved?
In what type of negotiation is there a focus on creating value for all parties involved?
What is the impact of non-cooperation on negotiation?
What is the impact of non-cooperation on negotiation?
What does negotiation aim to resolve?
What does negotiation aim to resolve?
In integrative negotiation, what is the main focus?
In integrative negotiation, what is the main focus?
What is the primary characteristic of individuals who are accommodators in negotiations?
What is the primary characteristic of individuals who are accommodators in negotiations?
What is a primary strategy for ending the negotiation cycle?
What is a primary strategy for ending the negotiation cycle?
What is the first step in the negotiation process according to the text?
What is the first step in the negotiation process according to the text?
What is a potential downside of competitive negotiators' style according to the text?
What is a potential downside of competitive negotiators' style according to the text?
What is the main purpose of Win-Win negotiating according to the text?
What is the main purpose of Win-Win negotiating according to the text?
What characterizes individuals who are avoiding negotiators according to the text?
What characterizes individuals who are avoiding negotiators according to the text?
What should skilled negotiators spend more time doing according to the text?
What should skilled negotiators spend more time doing according to the text?
What should negotiators specify in the first step of the negotiation process according to the text?
What should negotiators specify in the first step of the negotiation process according to the text?
What characteristic must negotiators exhibit to encourage cooperative behavior during negotiations according to the text?
What characteristic must negotiators exhibit to encourage cooperative behavior during negotiations according to the text?
What is one appropriate strategy for demonstrating power during negotiations according to the text?
What is one appropriate strategy for demonstrating power during negotiations according to the text?
What is an essential strategy for minimizing concessions during negotiations according to the text?
What is an essential strategy for minimizing concessions during negotiations according to the text?
What is the LIM Model used for in negotiation?
What is the LIM Model used for in negotiation?
What is a key characteristic of successful negotiators during the negotiation stage?
What is a key characteristic of successful negotiators during the negotiation stage?
What does the term BATNA refer to in negotiation?
What does the term BATNA refer to in negotiation?
What should negotiators aim to understand and work to improve?
What should negotiators aim to understand and work to improve?
What is the primary focus of the Win-Win negotiating principle?
What is the primary focus of the Win-Win negotiating principle?
What does the competitive opening stance in negotiation prioritize?
What does the competitive opening stance in negotiation prioritize?
What should negotiators aim to set clearly during negotiations?
What should negotiators aim to set clearly during negotiations?
What is an important aspect of effective negotiation that involves managing the other party's impressions?
What is an important aspect of effective negotiation that involves managing the other party's impressions?
What is a characteristic strategy for managing the commitment process in negotiation?
What is a characteristic strategy for managing the commitment process in negotiation?
What is expected behavior related to individuals' demeanor in negotiation?
What is expected behavior related to individuals' demeanor in negotiation?
What type of knowledge is considered more significant as a source for innovation and competitive advantage?
What type of knowledge is considered more significant as a source for innovation and competitive advantage?
What concept does Senge's 'Learning Organization (LO)' focus on?
What concept does Senge's 'Learning Organization (LO)' focus on?
