The Formation‚ Management and Dissolution of Business Enterprises Type of business organizations Sole Trader it is any business which is owned by one person. This person may recruit employee. Owner is personally responsible for the debts the company and he has unlimited liability. These are such people who testify specialized services such as hairdressers‚ plumbers or photographers. Partnership it is business that is owned by two or more people. These people put jointly in the business their
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Management Information System A management information system (MIS) provides information that is needed to manage organizations efficiently and effectively.[1] Management information systems are not only computer systems - these systems encompass three primary components: technology‚ people (individuals‚ groups‚ or organizations)‚ and data/information for decision making. Management information systems are distinct from other information systems in that they are designed to be used to analyze
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THE ALIGNMENT OF KNOWLEDGE MANAGEMENT AND STRATEGIC ORIENTATION Mrs. Aparna Gaur Faculty HR & IT International Business School‚ Kota Rajasthan‚ India tel. 0744-6999364‚ 982898990‚9829035702 hiaparnagaur@yahoo.com Mr. Arun Deshmukh Faculty Marketing & IB International Business School‚ Kota Rajasthan‚ India tel. 0744-6999364‚ 9571006798 arund178@gmail.com Abstract Purpose This paper focuses on the value of knowledge management (KM) for strategic management of organizations
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quantitative Q2: What is information? Give example. Ans2: Information is data that has been given meaning by way of relational connection. Example - knowledge; facts; data; details Q3: What is knowledge? Give example Ans3: When information is packaged or used for understanding or doing something‚ it is known as knowledge. Example - Specific information about something Q4: What is IT? Give example Ans4: Information Technology (IT) is the branch of engineering that deals
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preferred way of perceiving‚ organizing‚ and retaining knowledge and it explains individual differences for stimuli recognition and processing. The learning styles preferred and adopted by individuals often differ therefore‚ HR must be aware of individual preferences in learning‚ employee training and development programs in order to design and implement effective programs. The two learning style models that has the most relevance in management are Kolb (1984) and Honey and Mumford (1986). David
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HUMAN RESOURCE ROLE IN KNOWLEDGE MANAGEMENT Introduction The urge of an organization to acquire and preserve the knowledge of its employees within its organization has lately become tremendously increasing due to the rising competitions among all organizations. Be it a profit or non-profit and big or small organizations‚ the environment of the present situation is so much different from a particular organization doing its business 10 years ago. In those days‚ an organization has all the luxury
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MANAGEMENT INFORMATION SYSTEM Unit -1 System Analysis and Design - An overview: System study - System design -Development and Implementation testing and conversion. Unit - 2 Management Information System - An overview: Management Information System concept - Evolution and clement of MIS - Definition - characteristics and basic requirements of MIS - Structure of MIS - Computerised MIS - Approaches of MIS development - Pre-requisites of an effective MIS. Unit-3 Computers
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STRASSMANN’S ‘KNOWLEDGE MANAGEMENT’ AN IMPORTANT METRIC By: Masoud. Noordeh (DBA student) Abstract In today’s dynamic business environment‚ Knowledge management systems facilitate organizational learning and knowledge creation. They are designed to provide rapid feedback to knowledge workers and significantly improve business performance. This paper examines the concept of knowledge management metric from the view point of Paul Strassmann. Keywords: Knowledge‚ Performance Management Metric‚ Knowledge
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and Customer Intimacy Enterprise Applications 1) Companies can use configuration tables provided by the enterprise software to tailor a particular aspect of the system to the way it does business. Answer TRUE Diff 2 Page Ref 338 AACSB Use of IT CASE Comprehension Objective 9.4 2) Enterprise systems are typically built around one or two major business workflows. Answer FALSE Diff 1 Page Ref 338 AACSB Use of IT CASE Comprehension Objective 9.1 3) Enterprise systems are designed primarily to
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Task 1. Management Information System (MIS) In my words‚ Management Information System is a digital‚ or computer based tool‚ which provides managers of all levels‚ as well as regular employees‚ with information crucial to perform their tasks more effectively. Management Information Systems are used especially by managers and they help them with different areas of their work: gathering needed information decision making feedback evaluation of processes Management Information Systems combine
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