Tacit knowledge - Study guides, Class notes & Summaries

WGU C235 Pre-assessment Test (2024) || With Questions & 100% Correct AnswersWGU C235 Pre-assessment Test (2024) || With Questions & 100% Correct AnswersWGU C235 Pre-assessment Test (2024) || With Questions & 100% Correct Answers A company with limited resources wants to compete successfully in a rapidly changing environment against larger, more established organizations. The company provides training regarding tacit knowledge in an effort to differentiate itself in a strategic way. What is ...

HRMT Exam 3 (ch7-10) Questions & Answers 2024/25 Explicit knowledge is different from tacit knowledge in that - ANSWERSexplicit knowledge can be easily articulated. Natasha uses her personal experiences to transfer knowledge from herself to others on the team. This is an example of explicit knowledge. - ANSWERSFALSE A major pressure point for training is - ANSWERSpoor or substandard job performance.Correct Presentation methods are most effective for - ANSWERSconveying new facts and...

Cooperative Strategy - ANSWERa means by which firms collaborate to achieve a shared objective. a firm uses this strategy to: - create value for a customer that it likely could not create by itself - try to create competitive advantages (a competitive advantage developed through this strategy often is called a collaborative or relational advantage)*** - outperform its rival in terms of strategic competitiveness - earn above-average returns Strategic Alliance - ANSWERa cooperative strateg...

Information Answer: Data converted into a meaningful and useful context Human mediation is necessary Data Answer: Facts and statistics collected together for reference or analysis Knowledge Answer: Information that has been synthesized and contextualized o Aggregated and filtered through human experience (tacit) o Hard to structure· Information that has been synthesized and contextualized DBMS (Database Management System) Answer: A software package de...

INS3705 ASSIGNMENT 2 SEMESTER 2 2024 ;100 % TRUSTED workings, explanations and solutions. For assistance call or W.h.a.t.s.a.p.p us on ...(.+.2.5.4.7.7.9.5.4.0.1.3.2)........... QUESTION 1 Identify four knowledge management processes in any organisation of your choice and discuss the purpose of each knowledge management process and two examples of artificial intelligent technologies that can be used in each of the knowledge management processes (mini essay). [10) QUESTION 2 A senior...

Continuous learning correct answersA learning system that requires employees to understand the entire work process and expects them to acquire new skills, apply them on the job, and share what they have learned with other employees. Training correct answersA planned effort to facilitate the learning of job-related knowledge, skills, and behavior by employees. Formal Training correct answersTraining and development programs and courses that are developed by the company. Informal learning...

WGU C235 Training & Development Test Questions And Correct Answers | Passed!! Organization - ANSWER : A social unit of people structured and managed to meet a need or pursue collective goals Human Resource Management - ANSWER : Entire set of activities used by an organization to align its human capital with organizational objectives and strategies Examples of Intangible Resources - ANSWER : Human Capital Social Capital Intellectual Capital Organizational Capability Human Capital...

WGU C235 Training & Development Test Questions And Correct Answers | Passed!! Organization - ANSWER : A social unit of people structured and managed to meet a need or pursue collective goals Human Resource Management - ANSWER : Entire set of activities used by an organization to align its human capital with organizational objectives and strategies Examples of Intangible Resources - ANSWER : Human Capital Social Capital Intellectual Capital Organizational Capability Human Capital...

job evaluation - Answer-the process of determining the relative worth of the various jobs within an organization content - Answer-what work is performed and how it gets done value - Answer-captures 1) the relative contribution of jobs to organizational goals and 2) the value of the jobs in the external market benchmark jobs - Answer-prototypical jobs (or groups of jobs) used as a reference point for making pay comparisons inside or outside of the organization market pricing - Answer-use o...

Three Steps to Internal Analysis correct answers 1. Managers must understand the role of rare, valuable, and hard-to-imitate resources in the establishment of competitive advantage 2. Must appreciate how much such resources lead to superior efficiency, innovation, quality, and customer responsiveness 3. Must be able to analyze the sources of the company's competitive advantage to identify the drivers of profitability What is Competitive Advantage correct answers When profitability is great...