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Enterprise Resource Planning - Assignment

   

Added on  2021-06-17

10 Pages2261 Words19 Views
Public and Global Health
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Enterprise Resource Planning 1ENTERPRISE RESOURCE PLANNINGName:Course:Professor:Academic Institution:City/State:Date:
Enterprise Resource Planning - Assignment_1

Enterprise Resource Planning 2Table of ContentsIntroduction....................................................................................................................................2Types of knowledge........................................................................................................................3Knowledge management...............................................................................................................3Aspects of Knowledge Management............................................................................................3Initiative underway........................................................................................................................4Initiative example:.........................................................................................................................4(3) Key recommendations for the use of KM system..................................................................6Conclusion......................................................................................................................................7List of References...........................................................................................................................8
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Enterprise Resource Planning 3IntroductionCurrently, knowledge recognition as the new strategic essential of institutions is on the rise. As itis commonly known, knowledge for a long time has always been associated with power. Therefore, an individual has to hoard it, preserve it to oneself to keep and remain to be of benefit for application in daily life. The understanding of knowledge has changed greatly from the viewpoint of organizations and therefore, must be shared among the organization's management for the institution to remain or become competitive and vibrant in its activities (Chofreh, Goni, &Klemeš, 2018, p. 780). In the contemporary economy, the knowledge is capable of harnessing the competitive advantageof the organization. The full or complete use of knowledge, information, and data with skill as well as ideas makes it easier to realize the competitive benefit of the organization. Types of knowledgeKnowledge exists in two forms; tacit, and explicit knowledge. The knowledge that kept or storedin the brain is tacit while explicit is that knowledge which is contained in the documents or books or other forms apart from the human brain (Chofreh, Goni & Klemeš, 2017, p. 430). Understanding knowledge may be complex at times, and therefore, it is of great importance to look at the knowledge management and its application in various platforms.Knowledge managementUnderstanding knowledge management is a bit complicated; it has no common or universal definition. However, there are several definitions recommended by experts that can as well describe it in the best manner. More accurately and technically, the procedure through which
Enterprise Resource Planning - Assignment_3

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