Organizational memory is related to a person's capability to obtain, retain, and retrieve knowledge.

Organizational memory refers to the accumulated body of information, knowledge, and experiences that an organization has acquired over time. This includes explicit knowledge (e.g., documents, databases, procedures) and tacit knowledge (e.g., shared understanding, culture, routines, skills of its members). It is a collective asset that exists beyond any single individual.

The statement claims that "Organizational memory is related to a person's capability to obtain, retain, and retrieve knowledge." While individual employees' capabilities to obtain, retain, and retrieve knowledge certainly contribute to the organization's overall knowledge base, organizational memory itself is a broader, collective concept. It encompasses how the organization as a whole stores and accesses knowledge, even when individuals leave. It's not solely defined by the capabilities of a single person.

Organizational memory is a systemic property, not merely an aggregation of individual memories. It resides in systems, processes, culture, and shared practices, not just in individual minds. Therefore, relating it solely to "a person's capability" is an incomplete and misleading definition.

The statement is FALSE.