This assignment is an individual assignment. Due date for Assignment 1 is by the

This assignment is an individual assignment.
Due date for Assignment 1 is by the end of Week 7 (14/10/2023)
The Assignment must be submitted only in WORD format via allocated folder.
Assignments submitted through email will not be accepted.
Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.
Students must mention question number clearly in their answer.
Late submission will NOT be accepted.
Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).
Submissions without this cover page will NOT be accepted.

Assignment Purposes/Learning Outcomes:
After completion of Assignment-1 students will be able to understand the
LO 1.1: Recognize the overall knowledge management processes, concepts, goals and strategies within the context of organization.
LO 1.2: Describe how valuable individual, group and organizational knowledge is managed throughout the knowledge management cycle.
Assignment Questions: (10 Marks)
This Assignment is a report-based assignment. Read chapter 1, 2 and 3 thoroughly to answer the Assignment questions.
The Assignment structure is as follows:
A.Conceptual Framework: (5 Marks)
Introduction:
ØThe introduction part must clearly highlight the concept of knowledge and how is it different from Data, and Information.
ØBriefly describe the term knowledge management. Explain two basic types of knowledge.
ØWhy is Knowledge management in present day organisations.
(Provide minimum 3 references to support your answer.)
B.Knowledge management cycle: ( 5 Marks)
ØDiscuss in detail the Meyer and Zack knowledge management cycle and Bukowitz and Williams knowledge management cycle.
ØDescribe how the major types of knowledge (i.e., tacit and explicit) are transformed in the Nonaka and Takeuchi knowledge spiral model of KM.
ØHow is the Wiig KM model related to the Nonaka and Takeuchi model? In what important ways do they differ?
(Support each part of the assignment with Proper references)