What impact does KM have on products?
A)KM impacts only knowledge-based products.
B)KM impacts only value-added products.
C)KM impacts both value-added and knowledge-based products.
D)KM only impacts people, processes, and performance, not products.
E)KM can only have an indirect impact on products through process innovation.

Question

Quizplus · Accepted Answer

KM can impact both value-added and knowledge-based products. By effectively managing knowledge within a company, products can be improved through better innovation, design, and development processes, as well as a better understanding of customer needs and preferences. KM can also enable companies to develop new products and services that are more aligned with market demands and customer preferences. Therefore, KM can have a significant impact on both value-added and knowledge-based products.

What Impact Does KM Have on Products