Knowledge Management (KM) refers to a multi-disciplined approach to achieving organizational objectives by making the best use of knowledge. KM focuses on processes such as acquiring, creating and sharing knowledge and the cultural and technical foundations that support them. KM is a framework for designing an organization's strategy, structures, and processes so that the organization can use what it knows [...]
Allocation of resources is both a one-time and a continuous process. The implementation of a project would require the allocation of resources. An on-going business concern would also require a continual infusion of resources. The allocation of resources may take place at the corporate level i.e. by the Board of Directors and /or the CEO. This is known as the [...]
The company is the most effective vehicle yet discovered to manage and control modern business enterprise. Other forms of organisation may outnumber it, but most business is transacted by companies. In fact, the company pervades the economic and social life all over the world, because of so many advantages it enjoys over other forms of organisation. Some of the types [...]