The purpose of knowledge management in a business is to
A) enlarge the knowledge in an organisation.
B) enlarge the business itself.
C) improve performance and organisational competitiveness.
D) improve the skills of staff.

Question

Quizplus · Accepted Answer

The purpose of knowledge management in a business is to improve performance and organisational competitiveness. While enlarging the knowledge in an organization and improving the skills of staff may be side benefits of knowledge management, the main goal is to enhance the company's competitiveness and bottom line. Enlarging the business can also be a result of effective knowledge management, but it is not the primary purpose.

The Purpose of Knowledge Management in a Business Is to