Chapter 11, Problem 4RQ

Explanation of Solution

Knowledge management:

Knowledge management is a set of process evolved in an organization in order to create, collect, retain, maintain, transfer, and distribute the firm’s knowledge.

Business value of knowledge management:

Explanation of Solution

Types of enterprise-wide knowledge management system:

There are three types of knowledge management system. They are:

• Structured knowledge systems
• Semi-structured knowledge systems
• Knowledge networks system

Structured knowledge systems and their value to the business:

It gives the tools and database for storing the structured knowledge that exists in documents. It also provides the space for storing the details about the team members and clients in a secure web environment. It helps the organization to view the entire description of the employee, clients from the higher to lower order level as the knowledge are stored in the structured format...

Explanation of Solution

Knowledge work systems:

It is a specialized system build for engineers, scientists and other knowledge workers. The workers are charged with the creation and development of the new knowledge. It works on the workstations where required task are given in the customized form.

Generic requirements of knowledge work systems:

• Knowledge work sys...

Explanation of Solution

CAD (Computer Aided Designing):

CAD uses the computers and sophisticated graphics software to automate the new designs and revise the existing device. It reduces the time required to create new designs, more tedious functions can be generated quickly, reduces the expenses needed for engineering changes. 

Virtual reality:

Virtual reality system includes the visualization, rendering and simulation capabilities. To create computer simulations the system requires the interactive graphics software which resembles like the reality...