After Attending a Seminar on the Importance of Knowledge Management

question 4

Multiple Choice

After attending a seminar on the importance of knowledge management, the managers of TCH Corporation developed a set of objectives their knowledge management system should address. As their next step, the managers should:

• A)Lay out database specifications for the system.
• B)Interview employees to determine their level of knowledge and misunderstanding of organizational processes.
• C)Both A and B.
• D)Neither A nor B.

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Definitions:

Communications Technology

The branch of technology that deals with the transmission of information through digital or analog means.

Working Capital Management

Working capital management involves managing the short-term assets and liabilities of a company to ensure it has sufficient liquidity to run its operations smoothly.

Multinational Firms

Companies that operate in multiple countries, managing production or service facilities outside their home country.

Eurocurrency Deposits

Time deposits held in banks outside their country of origin but denominated in the currency of the country of origin, often used for international transactions.