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- Give the importance of the following in a business plan a) Management b)nature of business c) CompetitionThe Zara storey demonstrates how information technologies may have an influence on every aspect of business. Which management/business disciplines were referenced in this case (Accounting, Finance, Operations, and so on)? What influence does technology have on each of the managerial disciplines?Which among the following is one of the advantages of the McKinsey 7S model 1 It is considered a long-term modelWith the changing nature of businesses, it remains to be seen how the model will adapt. 2 It seems to rely on internal factors and processes and may be disadvantageous in situations where external circumstances influence an organization. 3 It is considered a longstanding theory, with numerous organizations adopting the model over time.
- What is the role of knowledge management in enhancing organizational performance and competitiveness?"Explain the concept of knowledge management and its role in creating a competitive advantage for organizations.How do managers solve problems and make decisions? Identify an three quantitative tools that are used in aiding the process
- Predict 3–5 potential challenges that the managers or owners of the business could face in addressing organizational performance.Can a company be competitive without a proper technology integrated in their process? Give a situational example.Discuss, What is the role of knowledge management in enhancing organizational performance and competitiveness?"
- GIVE ATLEAST 5 DISCIPLINES THAT CAN BE TACKLED IN SCRUTINIZING BUSINESS AND ITS CORE PURPOSE TO ASSESS EFFECTIVE FUNCTION OF IT IN TERMS OF MANAGING PEOPLE, MONEY AND SUCCESS.What is the role of innovation in management and business cycle processes? Provide an example.How is Guidance Software responding to and helping to manage changes in our technology-driven world?