Essentials of MIS (12th Edition)
12th Edition
ISBN: 9780134238241
Author: Kenneth C. Laudon, Jane P. Laudon
Publisher: PEARSON
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Question
Chapter 11, Problem 6DQ
Program Plan Intro
Knowledge management:
Knowledge management is a set of process evolved in an organization in order to create, collect, retain, maintain, transfer, and distribute the firm’s knowledge.
Business value of knowledge management:
- Organization can review the process undergoing in an environment and to learn things and adopt the cultivated knowledge into its business processes.
- This adoption of new knowledge from the other environment enables to business to work efficiently and efficiently.
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Chapter 11 Solutions
Essentials of MIS (12th Edition)
Knowledge Booster
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Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, computer-science and related others by exploring similar questions and additional content below.Similar questions
- Briefly explain the five main activities in knowledge engineering processarrow_forwardAssuming that a company has already established a KMS system, how can you, as a manager, ensure that the knowledge gained from in-person knowledge-sharing is retained inside the organization?arrow_forwardAlthough employing educational information systems has numerous benefits, there are some possible drawbacks that educators should be aware of.arrow_forward
- Competitive intelligence is an area of knowledge management concerned with helping organizations to respond effectively to competition by gathering and analyzing information about competitors.arrow_forwardWrite some Conclusion of computing department (KMS) Blueprint The CONCLUSION of COMPUTING DEPARTMENT Knowledge management systemarrow_forwardThe rationale of practicing Knowledge Management in organizations to improve performance. The focus should be on the importance of Information and Knowledge within organizations.arrow_forward
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