BUSI 3007 MIDTERM EXAM - QUESTION AND ANSWERS

BUSI 3007 MIDTERM EXAM - QUESTION AND ANSWERSQuestion 1 2 out of 2 points According to Thite (2004), in order for knowledge to be a strategic goal leading to a competitive advantage, it must be: Selected Answer: Difficult to imitate Correct Answer: Difficult to imitate • Question 2 2 out of 2 points According to the Collison and Parcell textbook, in order to create an environment in which knowledge flourishes, we need: Selected Answer: All of the above are true. Correct Answer: All of the above are true. • Question 3 2 out of 2 points According to the Collison and Parcell textbook, Knowledge Management is about all of the following processes except: Selected Answer: Destroying knowledge Correct Answer: Destroying knowledge • Question 4 2 out of 2 points Knowledge validation refers to: Selected Answer: The process by which new "knowledge claims" are subjected to peer review and a test of value in practice Correct Answer: The process by which new "knowledge claims" are subjected to peer review and a test of value in practice • Question 5