The First Step in Developing a Knowledge Management System Is

question 187

Multiple Choice

The first step in developing a knowledge management system is to

• A) empower employees to make their own decisions and accept the consequences.
• B) obtain the necessary information system technologies.
• C) recognize that perfect information is readily available in all organizations.
• D) determine what knowledge is most important to the organization.

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Definitions:

Contract Remedies

Contract remedies are legal solutions available to a party involved in a breach of contract situation, aimed at enforcing the contract or compensating for losses.

Tort Remedies

Refers to the legal means available to a court to compensate an individual who has suffered harm due to another's wrongful act, including compensation for damages, injunctions, and restitution.

Indemnification

A legal obligation by one party to compensate another for the loss or damage that has been incurred.

Duty of Performance

The legal obligation of parties in a contract to fulfill their respective tasks or services as outlined in the agreement.