3. MONEY Money is everything that serves as universally excepted medium of exchange or means of payment. Functions of money: Medium of exchange – enables people to exchange goods and services for other commodities Store of value – at home money loses value because of inflation so it is better to deposit financial assets with a bank. Money can also be stored in other forms – securities (cenné papiry)‚ shares‚ or bonds (dluhopisy‚ obligace). We can also invest in properties‚ lands‚ arts‚ jewelry
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BACKGROUND 3 KNOWLEDGE MANAGEMENT 3 KNOWLEDGE MANAGEMENT AND LONG TERM SUSTAINABILITY 5 INFOSYS AND KNOWLEDGE MANAGEMENT 6 THE K SHOP 7 PROCESS DATABASE ASSISTANCE 8 PEOPLE KNOWLEDGE MAP 8 CATCH THEM YOUNG INITIATIVE 9 INFOSYS SCHOLARSHIP PROGRAM 9 KNOWLEDGE MANAGEMENT AND E BUSINESS 10 CONCLUSION 11 REFERENCES 12 INTRODUCTION This assignment is aiming to critically appraise the knowledge and knowledge management process and evaluate the importance of knowledge management in
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In this essay the paradoxes and difficulties associated with the ongoing debate between ‘Indigenous Knowledge’ and scientific knowledge will be thoroughly discussed. An attempt will be made to take a stand and decide whether ‘Indigenous Knowledge’ and ‘Scientific Knowledge’ should have distinct boundaries or whether they are able to co-exist successfully. In order to do this‚ reference will mainly be drawn from readings by L. Green (2012)‚ M. Leach and J. Fairhead (2002). I will draw on evidence
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Feature article Knowledge management‚ librarians and information managers: fad or future? Brendan Loughridge Introduction This article considers some of the principles and practices commonly associated with ``knowledge management ’ ’ (KM) in so far as they seem to be of potential importance or relevance to library and information professionals. Competing claims and counterclaims about KM as expressed in a selection of recent professional and academic publications are reviewed‚ though a truly
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as well as honest and think for welfare of our country. No‚ Its of no use. Because if we look at our national politicians many of them are highly qualified even then there is no difference. They are facing more problems related to scams‚ black money-hoarding‚ illegal sexual relationship and many more. If the person has ability to read‚ understand and have strong leadership qualities along with honesty it is more than enough. As
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Know-how is more than knowledge. It puts knowledge to work in the real world. It is how scientific discoveries become routine medical treatments‚ and how inventions — like the iPod or the Internet — become the products and services that change how we work and play. The saying "Knowledge is power" is first attributed to philosopher Sir Francis Bacon in 1597. It was true then and it’s true now. Most firms recognize that knowledge in the form of Thought Leadership - delivering new ideas and
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which can lead to policy paralysis--------- if there is a clash of views. I want to ask my friends are they not aware that in India‚ Dalits have been in power in UP‚ Rajasthan‚ Bihar‚ Maharashtra and Andhra? How can they be thankless to the ability of the Indian parliamentary system? In our system‚ national parties are forced to share power with local parties. In today’s day and age‚ proper checks and balances are an absolute requirement to ensure that we do not create monsters like Hitler
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knowledge.Knowledge is vast and we acquire knowledge everyday through the small things in life.Bookish knowledge does not last long as the amount of data present in the books cannot be memorized by everyone.Facts which we read from books today cannot be remembered throughout our lives .And i feel learning from experience gives us a better idea of the subject under study and also we start to analyze things from different dimensions ‚and that practical knowledge helps speed up the learning process.
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or practice that is immoral or indecent. Money‚ sex and power are the threefold alliances of immorality in our society. There a quite a lot of these immoral practices that are plaguing our society. Due to the high rate of immorality that is caused by money in our society there is widespread corruption. Have you ever been a victim of corruption? If not‚ I am almost certain you have suffered the effects of corruption. Corruption is the abuse of entrusted power for private gain. It hurts everyone whose
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There are four basic functions of money: The first is as a medium of exchange. The second is as a unit of account. The third is as a store of value. The fourth is as liquidity. The most obvious function of money is as a medium of exchange. When you hand the waiter a five-dollar bill in exchange for your hamburger‚ you are using money as a medium of exchange. You might have a hard time paying for your hamburger with five dollars worth of apples‚ but if you did‚ the apples would serve as a
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