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Questions and Answers
What is the focus of the resource-based view of the firm?
What is the focus of the resource-based view of the firm?
- Managing financial resources effectively
- Implementing cost-cutting measures
- Explaining and predicting sustainable competitive advantage (correct)
- Maximizing market share
According to the resource-based view, what are the conditions for knowledge to be considered a strategic asset?
According to the resource-based view, what are the conditions for knowledge to be considered a strategic asset?
- It is common, adds value, can be replaced, and can be imitated
- It is abundant, adds value, cannot be replaced, and can be imitated
- It is scarce, adds no value, can be replaced, and cannot be imitated
- It is rare, can add value, cannot be replaced, and cannot be imitated (correct)
What is a consequence of reductions in staffing in terms of knowledge management?
What is a consequence of reductions in staffing in terms of knowledge management?
- No impact on knowledge management
- Increased informal knowledge sharing
- Replacement of informal knowledge with formal methods (correct)
- Diminished need for formal methods
What impact do competitive pressures have on valuable business knowledge?
What impact do competitive pressures have on valuable business knowledge?
What may result in the loss of knowledge in a specific area within an organization?
What may result in the loss of knowledge in a specific area within an organization?
What effect does increasing mobility of the workforce have on knowledge management?
What effect does increasing mobility of the workforce have on knowledge management?
What form does explicit knowledge take?
What form does explicit knowledge take?
Which type of reasoning involves relating one concept to another?
Which type of reasoning involves relating one concept to another?
What is a potential source for innovation and competitive advantage?
What is a potential source for innovation and competitive advantage?
What is the most efficient model of learning according to the text?
What is the most efficient model of learning according to the text?
Which type of reasoning involves reasoning from a set of facts or individual cases to a general conclusion?
Which type of reasoning involves reasoning from a set of facts or individual cases to a general conclusion?
Where can tacit knowledge be found?
Where can tacit knowledge be found?
What is the classic example of deductive reasoning given by Aristotle?
What is the classic example of deductive reasoning given by Aristotle?
What type of reasoning involves using deductive or inductive methods?
What type of reasoning involves using deductive or inductive methods?
What is the form of explicit knowledge that has less significance as a source for innovation and competitive advantages?
What is the form of explicit knowledge that has less significance as a source for innovation and competitive advantages?
What type of learning is described as a function of time and talent?
What type of learning is described as a function of time and talent?
Which of the following best describes 'knowledge'?
Which of the following best describes 'knowledge'?
Which type of knowledge is difficult to articulate and codify?
Which type of knowledge is difficult to articulate and codify?
What is meant by 'explicit knowledge'?
What is meant by 'explicit knowledge'?
What does 'tacit knowledge' primarily reside in?
What does 'tacit knowledge' primarily reside in?
Which type of knowledge is related to having information about facts and state of things?
Which type of knowledge is related to having information about facts and state of things?
What type of knowledge involves the processing, creating, or use of information in the mind of an individual?
What type of knowledge involves the processing, creating, or use of information in the mind of an individual?
According to the text, what is derived from information in the same way that information is derived from data?
According to the text, what is derived from information in the same way that information is derived from data?
What does the text imply about arriving at the same understanding of data or information?
What does the text imply about arriving at the same understanding of data or information?
'Implicit knowledge' is best described as:
'Implicit knowledge' is best described as:
'Explicit knowledge dissemination' is different from 'tacit knowledge dissemination' in that:
'Explicit knowledge dissemination' is different from 'tacit knowledge dissemination' in that:
'Cognitive knowledge' primarily refers to:
'Cognitive knowledge' primarily refers to:
Which type of knowledge involves having information about causal relationships between different elements?
Which type of knowledge involves having information about causal relationships between different elements?
What is the primary focus of Knowledge Management (KM)?
What is the primary focus of Knowledge Management (KM)?
In what ways does knowledge management benefit individuals, communities of practice, and organizations?
In what ways does knowledge management benefit individuals, communities of practice, and organizations?
Which field has played an important role in the growth of the Knowledge Management (KM) field through the concept of knowledge works and knowledge workers?
Which field has played an important role in the growth of the Knowledge Management (KM) field through the concept of knowledge works and knowledge workers?
What was a popular strategy during the 1980s to reduce overhead costs and increase profits, leading to an increased interest in Knowledge Management?
What was a popular strategy during the 1980s to reduce overhead costs and increase profits, leading to an increased interest in Knowledge Management?
What are the two fundamental shifts essential for the emergence of Knowledge Management (KM) as highlighted in the text?
What are the two fundamental shifts essential for the emergence of Knowledge Management (KM) as highlighted in the text?
What are the main types of Knowledge Management Systems (KMS) as mentioned in the text?
What are the main types of Knowledge Management Systems (KMS) as mentioned in the text?
What does data represent as described in the text?
What does data represent as described in the text?
What is the relation between KM and organization science according to the text?
What is the relation between KM and organization science according to the text?
What has highlighted the interest in KM through two main sources according to the text?
What has highlighted the interest in KM through two main sources according to the text?
What shift led management to undertake KM as a tool to retain employees’ knowledge according to the text?
What shift led management to undertake KM as a tool to retain employees’ knowledge according to the text?
How does KM benefit individuals according to the text?
How does KM benefit individuals according to the text?
What does the resource-based view of the firm attempt to explain and predict?
What does the resource-based view of the firm attempt to explain and predict?
What are the conditions for knowledge to be considered a strategic asset according to the resource-based view?
What are the conditions for knowledge to be considered a strategic asset according to the resource-based view?
What is a consequence of reductions in staffing in terms of knowledge management?
What is a consequence of reductions in staffing in terms of knowledge management?
What is the primary focus of Knowledge Management (KM) according to the text?
What is the primary focus of Knowledge Management (KM) according to the text?
What form does explicit knowledge take?
What form does explicit knowledge take?
Where can tacit knowledge primarily be found?
Where can tacit knowledge primarily be found?
Which of the following refers to knowledge that is transmittable in formal, systematic language and can be captured and shared through information technology?
Which of the following refers to knowledge that is transmittable in formal, systematic language and can be captured and shared through information technology?
What type of knowledge is derived from information in the same way that information is derived from data?
What type of knowledge is derived from information in the same way that information is derived from data?
Where does tacit knowledge primarily reside according to the text?
Where does tacit knowledge primarily reside according to the text?
What does 'implicit knowledge' refer to?
What does 'implicit knowledge' refer to?
According to the text, what is derived empirically and held by the organization's employees?
According to the text, what is derived empirically and held by the organization's employees?
Which type of knowledge involves having information about facts and state of things?
Which type of knowledge involves having information about facts and state of things?
What did Polanyi 1966 identify as the most famous categories of knowledge?
What did Polanyi 1966 identify as the most famous categories of knowledge?
What does the view of knowledge as tacit and explicit suggest according to the text?
What does the view of knowledge as tacit and explicit suggest according to the text?
What is the subset of tacit knowledge that can be transformed into explicit known as?
What is the subset of tacit knowledge that can be transformed into explicit known as?
"Knowing how to use information, it presents an integration of all aspects of the personality including affects, willing, cognition, and life experience" refers to:
"Knowing how to use information, it presents an integration of all aspects of the personality including affects, willing, cognition, and life experience" refers to:
What does 'trust in Allah, but tie your camel' represent according to the text?
What does 'trust in Allah, but tie your camel' represent according to the text?
Where can tacit knowledge primarily be found?
Where can tacit knowledge primarily be found?
What type of reasoning involves reasoning from a set of facts or individual cases to a general conclusion?
What type of reasoning involves reasoning from a set of facts or individual cases to a general conclusion?
What is the most efficient model of learning according to the text?
What is the most efficient model of learning according to the text?
What does 'explicit knowledge' primarily involve?
What does 'explicit knowledge' primarily involve?
Which type of knowledge involves having information about causal relationships between different elements?
Which type of knowledge involves having information about causal relationships between different elements?
What type of knowledge involves using deductive or inductive methods?
What type of knowledge involves using deductive or inductive methods?
What type of learning is described as a function of time and talent?
What type of learning is described as a function of time and talent?
What are the main types of reasoning mentioned in the text?
What are the main types of reasoning mentioned in the text?
What does learning by discovery involve?
What does learning by discovery involve?
What may result in significant learning outcomes requiring negatively stated questions?
What may result in significant learning outcomes requiring negatively stated questions?
How is knowledge management (KM) defined?
How is knowledge management (KM) defined?
What is a theoretical root of knowledge management?
What is a theoretical root of knowledge management?
What is the relationship between KM and accounting?
What is the relationship between KM and accounting?
What role has Human Resource Management (HRM) played in the growth of KM field?
What role has Human Resource Management (HRM) played in the growth of KM field?
What is the main source on which KM depends?
What is the main source on which KM depends?
What are the two fundamental shifts that are essential for the emergence of Knowledge Management (KM)?
What are the two fundamental shifts that are essential for the emergence of Knowledge Management (KM)?
How is data different from information according to the text?
How is data different from information according to the text?
Where does knowledge first reside according to the text?
Where does knowledge first reside according to the text?
What primarily resides in tacit knowledge according to the text?
What primarily resides in tacit knowledge according to the text?
What is the main focus of Knowledge Management Systems (KMS) as mentioned in the text?
What is the main focus of Knowledge Management Systems (KMS) as mentioned in the text?
How does KM differ from information technology as per the text?
How does KM differ from information technology as per the text?
What primarily refers to 'cognitive knowledge' as mentioned in the text?
What primarily refers to 'cognitive knowledge' as mentioned in the text?
What are the main types of Knowledge Management Systems (KMS) as mentioned in the text?
What are the main types of Knowledge Management Systems (KMS) as mentioned in the text?
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