Knowledge Management
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Questions and Answers

Which of the following best defines knowledge management?

  • The process of capturing and storing knowledge within an organization (correct)
  • The process of recruiting successors to fill retiring positions within an organization
  • The process of reducing costly rework from project to project
  • The process of valuing intellectual assets within an organization
  • What is one of the objectives of knowledge management?

  • To minimize loss of corporate memory due to attrition and retirement
  • To facilitate a smooth transition from retiring employees to their successors
  • To build up a toolkit of methods that can be used with individuals, groups, and the organization
  • To identify critical resources and areas of knowledge within a corporation (correct)
  • Why is knowledge management important for organizations?

  • To work faster and reuse best practices
  • To facilitate a smooth transition from retiring employees to their successors
  • To reduce costly rework from project to project (correct)
  • To build up a toolkit of methods
  • What is one of the challenges of knowledge management?

    <p>Minimizing loss of corporate memory due to attrition and retirement</p> Signup and view all the answers

    What does knowledge management aim to do?

    <p>Facilitate a smooth transition from retiring employees to their successors</p> Signup and view all the answers

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