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Why Is Knowledge Management Such a Critical Component of Today's

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Why is knowledge management such a critical component of today's organizations? Why is Google a good example of a dynamic knowledge management company?


Definitions:

Constant Allowances

Refers to predesignated time additions allocated to specific tasks in work measurement to account for unavoidable delays or interruptions.

Performance Rating

An evaluation of an employee's or machine's work output against a set standard or within a specific period.

Normal Time

The standard time that a task or operation should take under normal working conditions, used in planning and scheduling.

Standard Time

The amount of time prescribed for the completion of a job or task, based on average speed and efficiency under normal conditions.

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