Which of the Following Knowledge Management Strategies Should Be Used

question 53

Multiple Choice

Which of the following knowledge management strategies should be used with operational information?

• A) develop plans to experiment with and invest in this information
• B) systematically collect and organize, making it widely available throughout the organization
• C) create backup copies to be stored remotely and delete information from the system
• D) automate collection and archiving to achieve cost-effectiveness

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Definitions:

Differentiate

To identify or establish the differences between two or more things, or to create unique offerings in a market.

Monopolistically Competitive

A market structure in which many companies sell products that are similar but not identical, allowing for competition based on quality, price, and brand.

Differentiated Product

A product that is distinct from other similar products based on qualities like design, quality, or features, often achieved through branding and marketing.

Barriers

In economic terms, barriers typically refer to obstacles that impede the flow of goods, services, capital, or labor across borders, such as tariffs, quotas, or regulations.