BUSI 3007 MIDTERM EXAM - QUESTION AND ANSWERS

BUSI 3007 MIDTERM EXAM - QUESTION AND ANSWERS • Question 1 2 out of 2 points According to Thite (2004), in order for knowledge to be a strategic goal leading to a competitive advantage, it must be: Selected Answer: Difficult to imitate Correct Answer: Difficult to imitate • Question 2 2 out of 2 points According to the Collison and Parcell textbook, in order to create an environment in which knowledge flourishes, we need: Selected Answer: All of the above are true. Correct Answer: All of the above are true. • Question 3 2 out of 2 points According to the Collison and Parcell textbook, Knowledge Management is about all of the following processes except: Selected Answer: Destroying knowledge Correct Answer: Destroying knowledge • Question 4 Knowledge validation refers to: 2 out of 2 points Selected Answer: The process by which new "knowledge claims" are subjected to peer review and a test of value in practice Correct Answer: The process by which new "knowledge claims" are subjected to peer review and a test of value in practice • Question 5 2 out of 2 points According to Collison and Parcell, the starting point for using the holistic model: Selected Answer: Can be most anywhere in a project Correct Answer: Can be most anywhere in a project • Question 6 Organizational knowledge is embodied in: Selected Answer: Agents and artifacts Correct Answer: Agents and artifacts • Question 7 2 out of 2 points 2 out of 2 points According to Collison and Parcell, "captured knowledge" requires . Selected Answer: Some context and a collection of experiences that are distilled to provide the content Correct Answer: Some context and a collection of experiences that are distilled to provide the content • Question 8 The three fundamental knowledge processes are: Selected Answer: Production, validation, integration Correct Answer: Production, validation, integration • Question 9 The four pillars that support KM initiatives are: Selected Answer: Leadership, organization, technology, and learning Correct Answer: Leadership, organization, technology, and learning • Question 10 Who creates valuable organizational knowledge?