What is knowledge management (KM)? Explain the differences between the two fundamental approaches to knowledge management. (OWN WORDS, NO COPY)
Expert Answer
Knowledge Management is the process of creating, preserving, sharing and using of knowledge and information needed to achieve the strategic business objectives of a company. Usually the knowledge is managed through one of the two approaches namely tacit and explicit approaches.
In the first approach ( tacit) the emphasis is on sharing and dissemination of knowledge through encouraging and enabling those who own it, while the explicit approach of KM is to create the knowledge,articulating it and developing
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