The Major Tasks of Knowledge Management Include Each of the Following

question 9

Multiple Choice

The major tasks of knowledge management include each of the following except

• A) creating knowledge.
• B) capturing knowledge.
• C) supplementing knowledge.
• D) managing knowledge.

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Definitions:

Derived Demand

Demand for a commodity, service, etc., that is a consequence of the demand for something else; for instance, the demand for steel is derived from the demand for automobiles.

Just-In-Time

An inventory strategy that aligns raw-material orders from suppliers directly with production schedules to minimize stock levels.

EOQ

Economic Order Quantity; the ideal order quantity a company should purchase to minimize its inventory costs, including holding, shortage, and order costs.

Just-In-Time

An inventory management strategy that aims to increase efficiency and reduce waste by receiving goods only as they are needed in the production process.