The Most Important Benefit of Knowledge Management Systems Is _____

question 9

Multiple Choice

The most important benefit of knowledge management systems is _____.

• A) better access to customers' complaints
• B) they make best practices available to employees
• C) distribution of organizational policies
• D) improved morale among employees
• E) they highlight the business units that generate the highest profits

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Definitions:

Economic Efficiency

The optimization of resources to best fulfill the needs and wants of individuals and society with the least waste.

Government Regulations

Rules set by government bodies to control or guide specific activities within the economy or society.

Long-Run Economic

Refers to an extended period during which all factors of production and outputs can be adjusted.

Differentiated Product

A product that is distinguished from similar products in the market by unique characteristics, leading to customer perception that there is no perfect substitute.