In Developing a Knowledge Management System, Managers Want to Provide

question 5

Multiple Choice

In developing a knowledge management system, managers want to provide managers more with information on "who to go to" to solve a specific problem rather than describing the steps to solve a problem. They want to do this because most of their problems are too complex to rely on standard procedures. They are using a:

• A) systems thinking approach.
• B) learning organization approach to management.
• C) personalization system of knowledge management.
• D) codification system of knowledge management.

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Definitions:

Growth

An increase in the economic value of a company or economy, often measured by variables such as income, sales, or GDP.

Sales

The total amount of goods or services that are sold within a particular period of time.

Operating Budget

A detailed projection of all estimated income and expenses based on forecasted sales revenue during a given period, usually a fiscal year.

Cash Budget

A detailed plan that estimates cash inflows and outflows over a certain period, helping businesses manage their cash flow and liquidity.