How can firm benefits from using knowledge management compare to firm or companies without knowledge management.

Q: 2. Identify the three items that may be included an organization's knowledge base. ANSWER:

A: Organizational information is information specific to the organization; usually gained by expertise.…

Q: On what does the firms focus?

A: Firms should focus on customers. As the customers are the king of the market. So, the firms focus on…

Q: Give some companies use knowledge management system and explain how that organization use knowledge…

A: A knowledge management system is a way of creating, defining and sharing the knowledge and…

Q: How organization use knowledge management. How can firm benefits from using knowledge management…

A: Knowledge management is the process of creating, sharing, using and managing the knowledge and…

Q: 18. Which of the following is an example of external business factor? Profit b. Customer c.…

A: Business environments transform regularly and need attention when preparing and administering…

Q: What are 5 tangible and intangible resources that Best Buy has?

A: 5 tangible resources of Best Buy are: 1. Customer data 2. Employees 3. Acquisitions 4. Main stores…

Q: Compare the main similarities and differences between various types of firms?

A: There are a number of business structures that are used across world. However, the business…

Q: How do businesses utilise benchmarking?

A: Benchmarking is a process in which a firm copies all the strategies or implement changes in its…

Q: assesses the benefits of review and explains when this tool can be used in the achievement of…

A: Strategic management is the process of planning, organizing, monitoring, analyzing, and controlling…

Q: What is a knowledge management system? Provide three examples.

A: Knowledge Management System The organization, use, capture, and analysis of the impact of a group's…

Q: For Further Research (Individual) Find an example of disintermediation that has been employed by a…

A: Disintermediation can be defined as the way of cutting down middle-level employees. It results in…

Q: What is Dunkin' company's proposed concept procedures or steps?

A: Ans. Dunkin's Donut is America's beloved food and the entire day stop for espresso and heated…

Q: In what ways and for what reasons can we examine our business solution to provide the organisation…

A: Business solutions are only as valuable as the insights they provide, so it’s essential to examine…

Q: What benchmarking is and explain the steps of benchmarking that company needs to follow for…

A: Benchmarking is a method to measure the success of a team or a particular company by comparing the…

Q: WHAT IS OPERATIONS CONSULTING?

A: Operations management would concern about the production of products and services and it manages the…

Q: What is organizational performance and what are the measures of it?

A: When people come together in an organized group by deciding a specific goals, which can meet the…

Q: What is an organization’s Value Chain?

A: Value chain of an organization is said to be the set of activities that would be carried to create…

Q: ment and describe them briefly.

A: A small introduction about knowledge management   The systematic administration of an organization's…

Q: Explain in general the THREE (3) reasons why compensation and rewards are  important to the…

A: Compensation can be defined as the reward which is received by an employee in return for the work…

Q: What is a collaborative arrangement? Why firms collaborate?

A: A collaborative management can be referred to as doing business in a way where two parties come in…

Q: 137) The performance of a business units is influenced by a) industry force (industry effects) b)…

A: Business system works for the customers need satisfaction and getting their goals of profit motives…

Q: 2. GIVE 5 ESSENTIAL INFORMATION BEING DISCUSSED/SHARED BY A MANAGER DURING THE MORNING BRIEFING. а.

A: Managers conduct morning briefing sessions to share important information with the organization's…

Q: 1. The performance measurement system should encourage each manager to act in a manner that Select…

A: The performance measurement system is referred as strategic processing system, which is used to…

Q: In an external audit, how can a manager determine the competitive advantage of his/her/ your…

A: Hello thank you for the question. As per guidelines, we would provide only one answer at a time.…

Q: Explain the term knowledge management (KM).

A: Knowledge is a framework for evaluating and absorbing new experiences and information comprising…

Q: Describe a real-world application from your personal experience that you were able to better…

A: Operations management is  management concerned with designing and controlling the process of…

Q: What is meant by the term Core competencies?

A: The capabilities that make up a company's strategic advantages are known as core competencies. To…

Q: In what ways is knowledge of industry life cycles helpful to the strategic management of…

A: Strategic Management- It is the company's management resources to accomplish the goals and…

Q: How can we handle negative customer feedback?

A: It doesn't make any difference whether input from clients is positive or negative; you can generally…

Q: WHAT TYPE ORGANIZATION IS APPROPRIATE IN THE COMPETITIVE

A: Competition normally tends to result in decentralization of authority, utilization of sophisticated…

Q: Describe how did total quality management has an impact on firms performanc

A: TQM (Total Quality Management) is a long process that organizes and strengthens the entire business.…

Q: SWOT analysis in relation to human operations management

A: SWOT Analysis is conducted to identify the Strengths and weaknesses of an organization or department…

Q: how would data be collected for each element, and how might management at J.C. Penney use that data…

A: Pricing strategy is one of the important methods adopted by companies to earn higher profits by…

Q: The performance of a business unit is influenced by Industry forces (industry effect)  Its parent…

A: The performance of a business unit is influenced by Industry forces (industry effect)  Its parent…

Q: Why some centralized and others decentralized? And what influences other aspects of organizational…

A: INTRODUCTION: Organizational decision-making is a critical part of any business or company. The…

Q: A. Review each of the appraisal methods and discuss which one you might use for the following types…

A: Six current execution evaluation strategies  The executives by Objectives (MBO)  360-Degree…

Q: What is company selection summary report? What type of data it should include?

A: The selection can be stated as the approach of selecting the appropriate individual for the vacant…

Q: what is knowledge-sharing initiatives and processes. What is ONE approach that would be beneficial…

A: Knowledge sharing is the demonstration of trading data or understanding between people, groups,…

Q: Why is the benchmarked company better?

A: Management is the process of doing something or dealing with something or controlling people. It is…

Q: 10 important decision areas address the different tasks that lead to corporate performance, analyse…

A: 5 main decision areas of operational management: process - decisions about the physicality about…

Q: . evaluate the use of outsourcing for the development of a mobile app for Aerobuddies

A: We’ll answer the one question since the exact one wasn’t specified. Please submit a new question…

Q: What are three security measures that will help a company while reducing productivity?

A: Productivity:- The efficiency with which workers produce goods or services in an organization. The…

Six Sigma

Six Sigma’s usage for measurement standards goes back to Carl Friedrich Gauss, 1855, when the normal curve concept was introduced.

Quality Control

Quality Management System (QMS), Quality Assurance (QA) and Quality Control (QC) are part of Quality umbrella.