The art of adding or creating value by systematically leveraging the know-how,experience,and judgment found within and outside an organization is referred to as:
A) cross-fertilization
B) knowledge management
C) escalating commitment
D) organizational innovation

Question

Quizplus · Accepted Answer

Knowledge management involves leveraging the expertise and experience within an organization as well as external sources to add value and improve organizational performance. Cross-fertilization is a similar concept but typically refers to the sharing of ideas and knowledge between different departments or areas within an organization. Escalating commitment refers to the tendency for individuals and organizations to continue investing in a project or strategy even when it is no longer in their best interests to do so. Organizational innovation is a broader concept that includes the development and implementation of new products, services, processes, and business models within an organization.

The Art of Adding or Creating Value by Systematically Leveraging