What Is Knowledge Management

question 19

Multiple Choice

What is knowledge management?

• A)Refers to the wisdom of the crowd.
• B)Sources capital for a project by raising many small amounts from a large number of individuals, typically via the Internet.
• C)Collaborating and tapping into the core knowledge of all employees, partners, and customers.
• D)Involves capturing, classifying, evaluating, retrieving, and sharing information assets in a way that provides context for effective decisions and actions.

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Definitions:

Discrete Distribution

A statistical distribution that shows the probabilities of outcomes with finite values or countable outcomes.

Interval of Time

A specific duration or length of time between two points or events.

Probability

A mathematical concept that quantifies the likelihood of an event happening, ranging from 0 (impossible) to 1 (certain).

Transponders

Electronic devices that receive a signal and automatically transmit a predetermined response.