Exam 12: Managing Big Data and Knowledge

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What are the two factors that are important for the successful implementation of the knowledge-management process?

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Knowledge management involves

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Knowledge management is the process through which organisations generate value by gathering, organising and sharing their intellectual and knowledge-based assets.

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Knowledge management enablers are

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The knowledge economy has changed how people work, how corporations are valued and how people earn an income.

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Explicit knowledge is easier to communicate because it

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Choose two sectors-health care, retail, wholesale trade, and so on-and explain how the application of big data is contributing to each sector.

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The broad purpose for establishing knowledge-management programs is for organisations to

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What responsibility does an organisation have with respect to customers' personal information and privacy? What safeguards should an organisation have in place to ensure personal privacy?

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What are the four steps in the case-based reasoning process, and what are the benefits of using this process?

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Knowledge work is information-based.

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Charlene's job is to propose strategies that her organisation can use to monetise the data they collect. Charlene is concerned with

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Big data analytics allow global financial markets to track current numbers and trends.

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A knowledge worker works primarily with technology in the workplace.

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In the SECI model, knowledge is shared through tacit-to-tacit transfer in which phase?

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The life cycle of big data is the sequence of stages that a particular unit of data goes through.

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The difference between tacit knowledge and explicit knowledge is

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Knowledge is defined as

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According to Drucker (2003), knowledge is impersonal, like money.

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According to information provided in Chapter 12, how many types of knowledge are there within an organisation? How are these different types of knowledge related?

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