Knowledge Management Concepts

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Questions and Answers

What is the primary characteristic of quantitative data?

It is qualitative in nature and cannot be measured.

It is centered around numerical values that are countable. (correct)

It involves only categorical analysis.

It is exclusively textual information.

Which of the following best describes discrete quantitative data?

Data that changes continuously over time.

Data that cannot be counted or categorized.

Data that includes fractions and decimal points.

Data represented by whole numbers only. (correct)

How is information defined in the context provided?

Information is data processed to have meaning. (correct)

Information refers to data that is purely qualitative.

Information consists mainly of numerical values.

Information is random, unstructured data.

Which of the following is an example of continuous quantitative data?

Days in a month. Signup and view all the answers

What differentiates data from information?

Data is unstructured, while information is organized. Signup and view all the answers

What differentiates qualitative data from quantitative data?

Qualitative data focuses on characteristics rather than numbers. Signup and view all the answers

Which statement best describes explicit knowledge?

Explicit knowledge can be easily articulated and transferred. Signup and view all the answers

What is an example of data that lacks meaning without context?

The height of students without their age. Signup and view all the answers

Which of the following capabilities does knowledge provide that data and information alone do not?

Ability to form generalized predictions. Signup and view all the answers

Which of the following options is NOT a characteristic of quantitative data?

It can only represent qualitative attributes. Signup and view all the answers

How can tacit knowledge primarily be described?

It is rooted in personal experience. Signup and view all the answers

What type of data is demonstrated by the values 161.2, 175.3, 166.4?

Continuous values. Signup and view all the answers

Which question does information typically answer?

Who and when? Signup and view all the answers

What is a primary role of knowledge in relation to problem-solving?

To enable the application of skilled reasoning. Signup and view all the answers

What is one limitation of data in making predictions?

Data lacks the context required for understanding. Signup and view all the answers

Which medium is typically used to store explicit knowledge?

Digital media and documents. Signup and view all the answers

What is tacit knowledge primarily characterized by?

Knowledge that is embedded in human experience and jobs Signup and view all the answers

What is a primary goal of knowledge management?

To connect individuals seeking knowledge with those who possess it Signup and view all the answers

Which of the following best describes knowledge management systems?

Systems that facilitate the strategic management of knowledge as a business asset Signup and view all the answers

What is a common objective of knowledge management?

To enhance competitive advantage Signup and view all the answers

How is tacit knowledge different from explicit knowledge?

Tacit knowledge is embedded in individual insight and experience Signup and view all the answers

In knowledge management, what is meant by 'organizational knowledge assets'?

The collective knowledge and skills of an organization’s workforce Signup and view all the answers

Which of the following enhances performance within an organization as described in knowledge management?

Encouraging innovative practices and idea sharing Signup and view all the answers

What characteristic makes relational databases advantageous for knowledge management?

They are easy to extend with new data categories without affecting existing applications Signup and view all the answers

What is a characteristic of a distributed database?

Data is stored in multiple physical locations. Signup and view all the answers

Which of the following is NOT one of the knowledge management objectives?

Maximizing data storage efficiency. Signup and view all the answers

What differentiates a homogeneous distributed database from a heterogeneous one?

All physical locations use the same underlying hardware. Signup and view all the answers

What is a key feature of a cloud database?

It is built for a virtualized environment. Signup and view all the answers

Which of the following benefits are associated with cloud databases?

Pay-as-you-go storage capacity. Signup and view all the answers

How do distributed databases handle processing?

Processing is dispersed or replicated among different points. Signup and view all the answers

What is a common feature of all databases?

They facilitate easy access, management, and updating of information. Signup and view all the answers

Which statement is true regarding users of a cloud database?

Users have the ability to control access and generate reports. Signup and view all the answers

What does ACID stand for in database transactions?

Atomicity, Consistency, Isolation, Durability Signup and view all the answers

What is the primary use case for NoSQL databases?

Support for unstructured and large datasets Signup and view all the answers

Who invented the relational database model?

E.F. Codd Signup and view all the answers

Which type of database is organized around objects rather than actions?

Object-oriented database Signup and view all the answers

What standard language is used for querying relational databases?

Structured Query Language (SQL) Signup and view all the answers

Which statement accurately describes a graph database?

It utilizes graph theory for mapping relationships. Signup and view all the answers

What characteristic differentiates a relational database from a NoSQL database?

Relational databases use predefined schemas for data. Signup and view all the answers

Which of these databases is most suitable for analyzing large chunks of unstructured data?

NoSQL database Signup and view all the answers

Study Notes

Data

Raw and unorganized collection of text, numbers, symbols, images, or videos.
Needs context to be meaningful.

Information

Organized and classified data.
Processed data with meaningful value for the receiver.
Used for decision-making and actions.

Knowledge

Meaningful insights gained from information.
Can be explicit (knowing-that) or tacit (knowing-how).
Used for predictions and problem-solving.

Knowledge Management (KM)

Strategy for creating, using, sharing, and maintaining organizational knowledge assets.
Uses technology and processes to maximize the value of information.
Main goal is to connect people with knowledge to enhance overall knowledge within an organization.

Objectives of KM

Improve knowledge capture process.
Streamline and enhance knowledge environment.
Increase access to organizational knowledge.
Maintain knowledge as an organizational asset.

Database

Organized collection of information for easy access, management, and updating.
Provides features to control read/write access, report generation, and analysis.
Some databases offer ACID compliance for data consistency and transaction completion.

Types of Databases

Relational Database

Tabular database with data organized into tables.
Each table has columns with data categories.
Uses SQL for user and application program interface.

Distributed Database

Database stored in multiple locations.
Processing is spread across a network.
Can be homogeneous or heterogeneous based on hardware, operating systems, or database applications.

Cloud Database

Optimized for virtualized environments in a hybrid cloud, public cloud, or private cloud.
Provides scalability, high availability, and pay-per-use pricing.
Supports business applications in a SaaS deployment.

NoSQL Database

Suitable for large sets of distributed data.
Handles big data performance issues and unstructured data.
Effective for data stored across multiple virtual servers in the cloud.

Object-Oriented Database

Organizes data around objects and their relationships, instead of actions and data.
Stores multimedia records as defined data objects instead of alphanumeric values.

Graph Database

Uses graph theory to store, map, and query relationships.
A type of NoSQL database.
Enables efficient analysis of interconnected data points.

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Description

Explore the key concepts of knowledge management, including the distinctions between data, information, and knowledge. Understand how these elements contribute to organizational efficiency and the role of technology in maximizing knowledge assets.