Over a period of time, organizations amass large volumes of data. Even if all of
ID: 336689 • Letter: O
Question
Over a period of time, organizations amass large volumes of data. Even if all of it is stored in a data layer (example; files in shared drive), it may be difficult to identify which of the numerous files is relevant for the knowledge they are seeking. To facilitate ease, knowledge needs to be structured in a systematic way. This kind of structuring is technically called as: 4. (a) Structured data (b) Organized data (c) Taxonomy Answer You know that networking capital is more valuable than human capital. In other words, a Community of Practice (CoP) collectively delivers more value to an organization thain each of an employee. Write at least two tools that would facknowledge sharing among the members of CoP: 5. Answer 6. Organizations implement different strategies to achieve their goals. For example: production strategy, marketing strategy, hiring strategy, etc. Similarly, to manage knowledge also, they develop a strategy. In order to develop an effective strategy, they will perform audit. What will they find out in audit? (Elaborate your answer in a maximum of three sentences, Do not reproduce AnswerExplanation / Answer
4. Taxonomy facilitates data management as development of taxonomies involves the development of key terms of he content so that the retrieval becomes easy.
Hence, the answer is Option c: Taxonomy
5. Two of the tools that facilitate knowledge sharing are:
6. Knowledge management audits will help in identifying the organization’s knowledge needs, the gaps in its knowledge and the credibility of the repositories where knowledge is maintained. It also helps in evaluating the knowledge flow lines in the organization and helps in identifying blockages. Organization’s internal control can be thoroughly assessed with the help of knowledge audit.
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