1. Answer the below questions in 500 words:

1. What is knowledge at risk?
2. What are the key challenges of knowledge management?
3. What are the advantages and disadvantages of knowledge management systems?
4. What is the impact of knowledge management in the modern world?
5. Explain the concept of standard deviation and provide a calculated example - what is the difference between 3 Sigma and Six Sigma?

2. Requirements for answering the below questions:

• Use of proper APA formatting and citations - If supporting evidence from outside resources is used those must be properly cited. A minimum of 3 -5 sources from scholarly articles or business periodicals is required.
• Answer the below questions in at least a thousand words

Question 1

I would like for you to write me a two-page essay this week with at least three resources which discusses the natural and human processes we all go through daily in managing risks in our daily lives. I want you to draw a direct correlation between the processes we go through mentally to avoid risks that could harm us and the risk processes organizations go through in dealing with risk relative to a project. How do they differ - how are they the same? Give me some examples of behaviors you engage in with your daily life to avoid personal risk.

Question 2

Explain what a Pareto chart is - what the related philosophy is - and what they are commonly used for.

In light of the current virus situation, build a Pareto Chart based on the following data relative to medication issues and explain its meaning.

Wrong Patient - 52

Over Dose - 59

Wrong Drug - 76

Unauthorized drug - 1

Wrong IV - 4

Technique Error - 3

Wrong Time - 83

Dose Missed - 92

Under Dose - 7

Duplicated drug - 9

Wrong Route 27

Wrong calculation - 16

n=429