MGTA01H3 Lecture Notes - Knowledge Management, Walmart, Dell
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MGTA01H3 Full Course Notes
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Document Summary
Knowledge systems that help make the business more effective. Systems that help managers develop high-level strategies for the business. Systems that help the business adapt better to its wider environment. Ways of using knowledge inside the business to enhance the business not using data or information but embedding knowledge in the business its self so it can act more effectively. These are just starting, as knowledge management is a new discipline. Simulation systems that allow managers to play with the business in the computer. Simulation system is like a play world you figure out what the key factors of your world are and then you program with them in your computer and (run your computer) you play with them. Playing with the world for example the oil market changed the price of oil if price tripled and they play out different scenarios.
