Introduction The business world at large has embraced the old adage that says knowledge is power‚ and this is reflected in the way organisations now view knowledge. Knowledge has become one of the key resources organisations utilise in their business strategies hence the need to manage it. The field of Knowledge Management is considered fairly new and it has generated a lot of interest within the business circles with individual companies investing a lot of resources in its development and establishment
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INTRODUCTION TO COUNSELLING ASSIGNMENT ONE HOW DOES COUNSELLING DIFFER FROM OTHER HELPING SKILLS? Lorna Wilson 15/12/09 How does Counselling Differ from other Helping Skills? In everyday life people experience difficulties and problems that they feel they are not able to deal with on their own and need help with. The help that people receive to overcome their problems can be in many different forms. People may receive help in an informal way‚ such as having a chat to a close friend
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Chapter 25 – Knowledge Gap -The knowledge gap hypothesis presumes that you will know more about these topics than people whose educational level is lower than yours‚ even if the topics don’t directly concern your everyday life. -Stated by Tichenor‚ Donohue and Olien in their 1970 article they said the population is divided into two distinct segments: a group of better educated people who know more about most things and those with low education who know less. -Low Socio-economic status (SES)
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Valuation of Mergers and Acquisitions SUBMITTED BY: DEBAYAN MUKHERJI PGDM ’"2008-2010 ROLL NO: 08PGDM083 INTERNATIONAL MANAGEMENT INSTITUTE‚ NEW DELHI CONTACT NUMBER: 09717443910 EMAIL : debayan.p08@imi.edu Valuation of Mergers and Acquisitions Mergers and acquisitions (more generally‚ takeovers) are an important means through which companies achieve economies of scale‚ face the competition‚ or respond to economic shocks. For example ‚how the $54 billion US chemical major
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* Knowledge Retention Strategies in Industries * A brief introduction Knowledge management is the systematic process of finding‚ selecting‚ organizing‚ distilling and presenting information. Tacit knowledge is the knowledge we each carry in our heads about how to do things‚ who to call and the lessons learned through experience. Making it explicit is recording in some media that allows another person to use it. The media can be a complex computer database or a piece of paper tacked
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mati Module Leader Comments Module Leader’s Comments on Citing & Referencing Executive Summary Knowledge management has been the talk of the town with companies moving forward to create a knowledge based environment that will ensure the progression of the companies will be able to share and pool together its resources in knowledge. New changes in technology has enabled companies to grow at a faster rate due to rapid access to information and data‚ here we are taking a look at QM Group of
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Acquisition and Payment Cycle According to Arens‚ Elder and Beasley (2006)‚ “is considered as the third major transaction cycle.” The three major transactions in the acquisition and payment cycle include: 1. Acquisition of goods and services 2. Cash Disbursements 3. Purchase returns and allowances and purchase discounts Components such as‚ acquisition of raw materials‚ equipment‚ supplies‚ utilities‚ repairs and maintenance‚ and research and development plays a major role in the acquisition
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The Significance of Knowledge Knowledge is the most important thing in man’s life. There are two kinds of knowledge: Religious knowledge and Secular knowledge. These two kinds of knowledge are very essential for the existence of man. Secular knowledge is necessary for his worldly life and religious knowledge is vital for his successful life here and in the Hereafter. Allah says in the Qur’an in Sura 9‚ Verse 121: "..........let them devote themselves to studies in religion and admonish their
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Interpersonal skills are the life skills all the human-being used every day to contact and interface with others‚ both separately and in groups. People who have worked on growing strong interpersonal skills are normally more successful in their masterly and personal live. Good interpersonal skills allow us to participate effectively as a member of a team. Moreover‚ employability skills can be defined as the transferable skills needed by a personal. Beside with good practical understanding and issue
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Diversification Using Mergers and Acquisitions Diversification Using Mergers and Acquisitions Companies often implement corporate-level acquisition strategies to achieve product diversification that can build core competencies. In fact‚ acquisition strategy is the most common means of implementing diversification. For each strategy discussed in the book‚ including diversification and merger and acquisition strategies‚ the company creates value only when its resources‚ capabilities‚ and core competencies
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