Why is knowledge technology function and infrastructure are important in business?
Why is knowledge technology function and infrastructure are important in business?
Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
Section: Chapter Questions
Problem 1PE
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Why is knowledge technology function and infrastructure are important in business?
Expert Solution
Step 1
Knowledge management comprises things like the creation of knowledge, storage, acquisition, protection, and application.
- Knowledge acquisition allows businesses to acquire knowledge, most important to support competitiveness and firm survival. This enhances the performance of the organization.
- The organizations improve their goal of the performance using the knowledge application.
- The promotion in organizational performance is dealt with the storage of knowledge.
- There is a positive relationship between knowledge utilization and organization performance.
Example: -
Building a knowledge-based technology capability for the hotel sector will result in the enhancement of the service quality by improving the practices of knowlegement management.
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