What about short-term predictions

Assignment Help Operation Management

Reference no: EM132302706

Book: The Management of Technology and Innovation , 3rd Edition with MindTap Management Access Margaret White; Garry D. Bruton

ISBN-9781337494960

1. There are a number of ways to look at what future trends may be (looking out 5 to 10 years). All of these methods have their advantages and disadvantages. What are the five methods discussed? Give a brief description of each.

2. What about short-term predictions? List the six specific methods that can improve the odds of the guess (forecast).

3. What does learning involve? What does Knowledge involve? Explain what both explicit and tacit knowledge mean.

4. What is organizational learning? What three factors does it depend on?

5. An organization has to ensure that it creates factors that enable the learning. Enabling factors involve two important aspects. What are they? Also, list the two types of learning discussed. What is the difference between the two?

6. What is knowledge management? According to Nonaka and Takeuchi, knowledge is created through four different activities or modes. What are they? (list them and give a brief description of each).

Reference no: EM132302706

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