CITM-001 · Question #75
Knowledge is a strategic resource for many organizations.
The correct answer is A. True. Knowledge is a strategic resource for many organizations because it enables them to create value, innovate, and compete in the knowledge economy. Knowledge management is the process of acquiring, creating, sharing, and applying knowledge to achieve organizational goals and…
Question
Knowledge is a strategic resource for many organizations.
Options
- ATrue
- BFalse
How the community answered
(30 responses)- A93% (28)
- B7% (2)
Explanation
Knowledge is a strategic resource for many organizations because it enables them to create value, innovate, and compete in the knowledge economy. Knowledge management is the process of acquiring, creating, sharing, and applying knowledge to achieve organizational goals and objectives. Knowledge strategies are the plans and actions that align the knowledge resources and capabilities of an organization with its intellectual requirements and strategic direction. A knowledge strategy defines how an organization intends to use knowledge as a source of competitive advantage and how it will manage its knowledge assets and processes effectively and efficiently.
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