MGC1010 Chapter Notes -Chief Financial Officer, Critical Thinking, Equal Employment Opportunity
1 Oct 2013
School
Department
Course
Professor
Document Summary
Working in today"s economy likely involves the following elements: The ultimate foundations of an organisation"s success are its people-what they know, what they learn and what they do with it. They carry not only just the corporate memory but the firm"s intellectual capital. In turn, this is valuable intellectual capital is known as knowledge worker. Intellectual capital is defined as the collective brain power or shared knowledge of a workforce that can be used to create value. Knowledge worker is defined as someone whose mind is an important asset to employers and who adds the intellectual capital of the organisation. In a globalised world, countries and people are increasingly interconnected through the news, travel, lifestyles, in labour markets, employment patterns and business dealings. Globalisation is the worldwide interdependence of resource flows, product markets and business competition. In today"s society, we are now technology driven and are dominated by interactive technologies offer the user conveniences.
