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Knowledge Management Value Chain

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1. Discuss the importance of knowledge management value chain's attributes.

2. Discuss the role of knowledge management and knowledge management programs in today's businesses.

3. Discuss the applications of computer networks.

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1. Knowledge management value chain's attributes are that there is a direct benefit of knowledge management in each activity of the value chain. Information sharing during inbound logistics helps reduce costs of inbound logistics and also decreases the need for large inventories. Knowledge management during operations enables the firm to realize benefits of information sharing by way of faster processing, lower rejection rate, and increased capacity. Knowledge management initiatives including cross project learning are valuable in outbound logistics. Faster deliveries, accurate deliveries, and tracking of deliveries are easy if there is active sharing of knowledge and information. In marketing and sales, ...

Solution Summary

This posting gives you a step-by-step explanation of knowledge management value chain's attributes. The response also contains the sources used.