2.7.2. Knowledge Management

Try these first

1. 1.

   Define Knowledge Management.

   Hint

   Think about what knowledge means in a business context.

2. 2.

   What is the difference between data and information?

   Hint

   Consider how raw facts are transformed.

3. 3.

   What does Knowledge Management involve?

   • Only data management
   • Managing intellectual assets
   • All of the above

   Hint

   Consider the various components of knowledge in business.

4. 4.

   True or False: Information is processed data.

   • True
   • False

   Hint

   Think back to the definitions of data and information.

5. 5.

   Design a Knowledge Management strategy for a hypothetical tech startup. Include how you would manage data, information, and intellectual assets.

   Hint

   Think about what systems and routines can be beneficial for knowledge retention and sharing.

6. 6.

   Evaluate a case where poor Knowledge Management led to a significant error in a software project. How could it have been avoided?

   Hint

   Look into failure cases in the tech industry where lessons from past projects were not learned.