What is Knowledge Management
What do you mean by the term Knowledge Management? Briefly describe it.
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Knowledge management (or KM) includes a range of strategies and practices employed in an organization to recognize, create, represent, allocate and enable acceptance of insights and experiences. The knowledge management efforts usually focus on organizational objectives like enhanced performance, competitive benefit, innovation, sharing of lessons learned, integration and continuous enhancement of the organization.
What do you mean by the term Business market? Explain in brief?
Explain the requirement for top-down rather than bottom-up objective setting.
The Immobility of labor is significant economically since: (i) Most of the people like to move, however can't. (ii) People in high salary occupations won't be completely compensated for the costs and difficulties related with their occupations. (iii)
What do you understand by the word ‘Managerial grid’?
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Explain about concentrated or market niche strategies.
What do understand by the term Problem Recognition which is the phase of buying the decision procedure?
What are the assumptions of Theory Y which is proposed by Douglas McGregor? Briefly describe it.
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