Knowledge Management and Innovation Quiz

What is considered one of the greatest human innovations?

• Wheel

• Stones

• Fire

• Hunting tools

When did humans start making wheels?

• About 1,000 years ago

• About 3,000 years ago

• About 6,000 years ago

• About 10,000 years ago

What is the rate of obsolescence for some technology products?

• 20% per month

• 10% per month

• 5% per month

• 1% per month

What is the primary reason organizations need to manage knowledge?

• To produce new products at a rapid pace

• To encourage formal knowledge sharing

• To reduce the number of meetings

• To increase employee salaries

What is the percentage of innovations that happen through informal knowledge sharing?

• 10%

• 50%

• 80%

• 100%

What is more important than rewarding for developing a new idea?

• Promotions

• Extra vacation days

• Monetary rewards

• Praise and acknowledgement

What is the primary role of computers and robotics in the future?

• Administrative assistants

• Decision makers

• Creative thinkers

• Decision supporting tools

What percentage of organizational knowledge is shared through water coolers and informal meetings?

• 20%

• 80%

• 100%

• 50%

What is the central aspect of a knowledge management infrastructure?

• Physical infrastructure

• Culture

• Technology

• Processes

What is the primary purpose of capturing success and failure stories in an organization?

• To punish employees for failures

• To learn from mistakes and successes

• To entertain the employees

• To create a database of stories