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MANG3010 L1

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1What is the Knowledge Society Concept?
2What are some features of a KI firm?- Less hierarchical structures and group work is common
- Knowledge is the primary source of competitive advantage
- Large % of workforce are highly qualified
- Work is creative and non-routine
- Products non-standard/customised
- Highly competitive markets which competition on product not cost.
3Define explicit and tacit knowledge.Tacit- Usually in the domain of subjective, cognitive and experiential learning. It is highly personal and hard to formalise.
Explicit- Knowledge that deals with objective, rational and technical material.
4Explain the objectivist view of knowledge.- Convert tacit knowledge to explicit
- Collect knowledge in central repository
- Technology plays a key role
- Structure/systematize knowledge.
5Explain the practice-based view of knowledge.- 'Practice connects knowing with doing.' (Gerhardi, 2000)
- 'Knowledge is inseparable from human activity.' (Orlikowski, 1996)