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Course/Year: BSAIS-3
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Part II. Essay. Write your answer in the space provided. Your answer must be based on your
interpretation of what you read in this module. (5 pts. Each)
1. What benefits can knowledge discovery systems provide to the organization?
Knowledge Discovery Systems support the process of developing new tacit or explicit
knowledge from data and information or from the synthesis of prior knowledge. Knowledge Discovery
Systems support two KM sub processes associated with knowledge discovery: combination, enabling
the discovery of new explicit knowledge. Benefits of knowledge management are:
More efficient workplace
Faster, better decision making
Increased collaboration
Building organizational knowledge
Employee onboarding and training process is optimized
Increased employee happiness and retention, due to the valuing of knowledge, training, and
innovation
10. How does the technology help Singapore implement its economic strategy?
In economics, it is widely accepted that technology is the key driver of economic growth of
countries, regions and cities. Technological progress allows for the more efficient production of more
and better goods and services, which is what prosperity depends on. In Singapore, the Infocomm and
Communication Technology (ICT) sector is a key enabler for almost every industry sector, and has
enhanced Singapore's competitiveness by raising productivity and transforming business processes in
industries like finance, services and manufacturing. Technological advancement provides greater access
to the internet and the increasing use of mobile communications. This helps Singaporeans communicate
and exchange information across the world. Technology can be used to advertise products to the global
market and community.