Question

KNOWLEDGE MANAGEMENT

Knowledge management may be applied to both individuals and organizations. *

TRUE

FALSE

2. A company’s human capital may reside in the minds of its employees, vendors and customers. *

TRUE

FALSE

3. Intellectual capital is synonymous with human capital. *

TRUE

FALSE

4. Although intellectual capital is ubiquitous, there are no standard tools to manage it as an asset. *

TRUE

FALSE

5. Data and information are essentially the same and should be treated equally. *

TRUE

FALSE

6. Three different perspectives of knowledge exist: the subjective, the normative, and the objective *

TRUE

FALSE

7. Procedural knowledge focuses on beliefs relating sequences of actions to outcomes. *

TRUE

FALSE

8. Explicit knowledge may be converted into tacit knowledge. *

TRUE

FALSE

9. KM mechanisms and technologies rely on KM infrastructure. *

TRUE

FALSE

10. Each KM system must select one KM mechanism and one KM technology. *

TRUE

FALSE

Answer 1

Multiple questions asked, first five questions are answered below, please comment if any doubts:

1.

Answer: TRUE

Explanation:

• The knowledge management was initially applied to only organizations.
• The initial definition of knowledge management was, the various management activities of knowledge in an organization was termed as knowledge management.
• Latter personal knowledge management was introduced in which the individual knowledge management is performed.
• Thus knowledge management may be applied to individual as well.

2.

Answer: False

Explanation:

• The Knowledge of employees in the company and their competencies in using their knowledge determines the human capital of a company.
• Thus vendors and customers have no role in human capital of a company.

3.

Answer: TRUE

Explanation:

• Intellectual capital is synonymous with human capital.
• The intellectual capital comes from the employees of the company thus it is also the part of the human capital. Therefore both terms can be used synonymous.

4.

Answer: TRUE

Explanation:

• Intellectual capital is a real thing and can be feel its presence very easily.
• But is is not standard tool is there to measure it, so its is not easy to manage as an asset.

5.

Answer: False

Explanation:

• Data is everywhere, it mainly found in an unorganized form, it is difficult to use as such.
• Information is an organised structure. Mainly the raw data is used to create the information.
• Thus data and information are not same thing and can’t be treated equally.