What is similar about the suitable KM processes for both low-cost and differentiation strategy organizations?
A)Both need to have knowledge discovery.
B)Both need to have knowledge application.
C)Both need to have knowledge capture and knowledge sharing processes.
D)Both need to have knowledge discovery and subsequent application.
E)The two strategies are diametrically opposed and as such no similarity exists.

Question

Quizplus · Accepted Answer

Both low-cost and differentiation strategy organizations require capturing and sharing of knowledge processes, regardless of the type of knowledge they are dealing with. Whether it is cost-cutting measures for a low-cost strategy or innovative product development for a differentiation strategy, capturing and sharing knowledge is vital for success in both cases. Knowledge discovery and application are important as well, but they are not applicable to all types of knowledge or situations.

What Is Similar About the Suitable KM Processes for Both