Knowledge may simply be defined as doing what is needed to get the most out of knowledge library.

1 point

True

False

Knowledge is important for the competition and survival of businesses.

1 point

True

False

Knowledge Management focuses on organizing and making available all type of knowledge, wherever and whenever.

1 point

True

False

Market volatility is one of the reasons why KM is important.

1 point

True

False

Knowledge is valuable but can't be converted into money.

1 point

True

False

Knowledge must be managed by organisations to result in quality and productive knowledge.

1 point

True

False

In Knowledge Management System, Information technology is used to facilitate sharing and increase the growth of knowledge.

1 point

True

False

Low turnover of employees forces companies to manage knowledge.

1 point

True

False

Rapid change of market and its uncertainty force companies to manage knowledge.

1 point

True

False

Knowledge must be transferable, marketable and managable.

1 point

True

False

The main issue in Knowledge Management implementation is technology.

1 point

True

False

Data represents raw numbers with context.

1 point

True

False

Information is organized and processed data.

1 point

True

False

Knowledge that be stored and shared is an example of knowledge as objects.

1 point

True

False

Declarative knowledge relates the series of steps or actions to achieved desired outcome.

1 point

True

False

An expert is one who is able to perform a task faster than others.

1 point

True

False

Repairing motorcycle is an example of a motor skills expertise.

1 point

True

False

Simple knowledge focuses on easy knowledge to be understood and shared.

1 point

True

False

Tactical knowledge pertains to the short-term positioning of the organization relative to its business.

1 point

True

False

General knowledge is a knowledge that is known by the public.

1 point

False

True

Associative skill is the type of knowledge associated with certain skills.

1 point

True

False

"Two types of customers visiting our shops..." This statement is an example of procedural knowledge.

1 point

True

False

Media is one of the main sources of company's knowledge.

1 point

True

False

Clear selection

Tacit knowledge is the knowledge that resides in the mind of an individual.

1 point

False

True

Clear selection

Examples of internal sources of knowledge for an organization are suppliers and customers.

1 point

True

False