Efforts to Systematically Find,organise and Make Available a Company's Intellectual

question 94

Multiple Choice

Efforts to systematically find,organise and make available a company's intellectual capital is known as:

• A) knowledge management
• B) scientific management
• C) customer relationship management
• D) outsourcing
• E) the humanist perspective.

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Definitions:

Organizational Culture

The shared values, beliefs, and practices that shape the social and psychological environment of a business or organization.

JIT Partnerships

Collaborative relationships between suppliers and manufacturers to ensure just-in-time delivery of parts and materials, reducing inventory costs.

Unnecessary Activities

Tasks or processes that do not add value to the product or service from the perspective of the customer, often targeted for elimination in efficiency improvement efforts.

In-Plant Inventory

Refers to the stock of raw materials, work-in-progress, and finished goods that are kept within a manufacturing plant or facility.