Both the Idea of Knowledge Management and the Application of Information

question 23

True/False

Both the idea of knowledge management and the application of information technology to facilitate the creation,storage,transfer,and application of previously uncodifiable organizational knowledge is a new and major initiative in organizations.

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Definitions:

Flexibility

The quality of being adaptable or the capacity to be easily modified or adjusted in response to changing conditions.

Conform

To act in accordance with rules, standards, or norms.

Price per Unit

The cost associated with a single unit of a product or service, allowing for comparison and calculation of total costs.

Units Accepted

This refers to items or quantities that have been received and approved by a buyer or quality control as meeting the required standards.