Knowledge management develops an organisation's capacity to acquire,share and use knowledge in ways that improve its survival and success.

Question

Quizplus · Accepted Answer

Knowledge management is the process of creating, sharing, using and managing the knowledge and information of an organization in order to achieve its goals. By effectively managing knowledge, an organization can improve its survival and success by fostering innovation, enhancing decision-making processes, improving communication and collaboration, and reducing redundancy and errors. Therefore, the statement is true.

Knowledge Management Develops an Organisation's Capacity to Acquire,share and Use