Describe the changes done in knowledge management
- Worldwide shift to information economy and on to knowledge economy.
- Rapid growth in knowledge and information-intensive products and services.
- Intensification of knowledge utilisation in the production of traditional products as well.
- Manual production workers being substituted / replaced by information / knowledge workers in various sectors of the economy.
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- New types of knowledge / information-intensive organisations devoted mainly.to the production, processing, and distribution of knowledge-based products.
- The significant impact of the rapidly evolving ICTs (information and communication technologies) on enterprises.