Components of a Knowledge Management System A Knowledge Management System (KMS) refers to either a technology-based or non-technical interconnected group of functions that have behaviour that enables or facilitates either (or a combination of) the discovery‚ capture‚ integration‚ sharing or delivery of the knowledge required by an organisation to meet its objectives. It can comprise a part of a Knowledge Management initiative or strategy to improve the utility of an organisation’s intellectual
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A strategy of a corporation forms a comprehensive master plan that states how the corporation will achieve its mission and objectives: - Corporate strategy: company’s overall direction - Business strategy: occurs at the business unit or product level - Functional strategy: at a functional area to achieve corporate and business objectives and strategies Strategic Management: a set of managerial decisions and actions that determines the long-run performance of a corporation. Includes:
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“The Five basic Components of Human Societies” (summary) and Reaction Paper 1. Language has an indefinite number of uses in addition to the communication of information. Many of these uses are non-logical. Oftentimes‚ misunderstandings occur when language form is confused with language functions. The first function is informative: essentially‚ the communication of information‚ the second function is expressive and then the third function is directive. Language
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sub-discipline of human resources‚ focused on employee compensation and benefits policy-making. The basic components of employee compensation and benefits: Employee compensation and benefits are basically divided into four categories: 1. Guaranteed pay – monetary (cash) reward paid by an employer to an employee based on employee/employer relations. The most common form of guaranteed pay is the basic salary. 2. Variable pay – monetary (cash) reward paid by an employer to an employee that is contingent
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MANAGEMENT INFORMATION SYSTEMS SUMMARY ( LECTURE NOTES 1 – Information Systems in Global Business Today) 1. Explain why Information Systems are so essential in business today. ØInformation Systems are fundamental for conducting Business today. ØIn many industries‚ survival and even existence is difficult without extensive use of Information Systems. ØInformation Systems have become essential for helping organizations operate in a global economy. ØOrganization are trying to
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Information Systems‚ Global Business and E-business Management Information Systems Chapters 1 and 2 (Laudon and Laudon‚ 2010) Information Systems‚ Global Business and E-business Lecturer: Richard Boateng‚ PhD. • • Lecturer in Information Systems‚ University of Ghana Business School Executive Director‚ PearlRichards Foundation‚ Ghana Email: richard@pearlrichards.org 10.1 www.vivaafrica.net | Dr. Richard Boateng (richard@pearlrichards.org) | © 2010 by Prentice Hall Information
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explores the importance of using information to inform and support strategic decision making to achieve organisational goals and objectives as set out by unit learning outcomes (LO) pertaining to this unit 7004. These four learning outcomes are to: LO1: Be able to understand the impact of management information on decision making; LO2: Be able to understand the importance of information sharing within the organisation; LO3: Be able use information to inform and support strategic decision making; and LO4:
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There are five basic components of the human societies: population‚ culture‚ material products‚ social organization‚ and social institutions. These components may either deter or promote social change. The size of population will greatly affect the social change. If the population is large‚ chances are social changes will be promoted. More people will usually result in more ideas‚ pushing for changes because a larger population will generate more problems and it has a greater need for solutions.
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widely recognized and regarded in UK and many parts of the world. It may open doors to international works. 2. What is the difference between a NEBOSH Certificate and Diploma? The NEBOSH National International Certificate is an introduction to basics of occupational Health and Safety and looks at the management of H&S and a wide variety of workplace hazards. It has been designed for managers‚ supervisors and employee representatives and is ideal for anyone who wants to establish a career in
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Define ERP and describe its functionalities. Transaction processing (TPSs) monitor‚ collect‚ store‚ and process data generated from all business transactions. These data are inputs to the organization’s database. TPSs have to handle high volume and large variations in volume efficiently‚ avoid errors and downtime‚ record results accurately and securely‚ and maintain privacy and security. The backbone of most information systems applications is the transaction processing system. 2. List
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