Knowledge Management and Information System: A Case Study Analysis

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Added on  2023/04/17

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AI Summary
This report provides an analysis of knowledge management and information systems, emphasizing their critical role in business success. It begins by highlighting the significance of knowledge management in achieving organizational goals and the importance of information systems for effective decision-making. The report then explores the competitive position of a company, using a case study to illustrate how information systems and technology can create a competitive advantage. It discusses strategic significance, value chain analysis, and stakeholder relationships. Additionally, the report touches upon the concept of cloud computing and its impact on data management and accessibility. Finally, the report concludes by listing key challenges related to security, privacy, and cost in the implementation of these systems, along with cited references.
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Knowledge Management &
Information system
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Executive summary
From the given case study I have observed that
the significance of knowledge management and
information system in the organisation.
Knowledge management is essential for an
organisation to attain the goals and objectives of
the company. Because the right knowledge is to
be used by the company to making their strategic,
operational and tactical decision making.
Information system also important for the
company. There are a large number of data and
information which are to be used by the company.
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Introduction
Information system played a significant role in the
success of any business unit.
This system provide the required information on
time to the organisation. Information system also
helps in the decision making process for the
company.
Knowledge management also important for the
company. These Knowledge management
involves to effectively and efficiently handling of
the important information.
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Part 1
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Competitive Position
Competitive position is essential for each and
every business organisation. It a position which
provide a advantage over their competitors.
Freakomon is console game manufacturing
company. The company have a good experience
in the gaming sector.
They provide creative and innovative games for
their customers. Because the organisation
existing product was successful.
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Porter's five force model
Bargaining power of suppliers
Bargaining power of buyers
Competitive rivalry
Threats of new entrants
Threat of substitute products
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Strategic significance for
Freakomon
An information system and technology are the strategic significance for
Freakomon. It can create and develop a competitive superiority over their
competitors.
It is changing the way where the company operate. It is influence the
overall process of the company. Form producing a product to the end
customers. The recommendation which can helps to the company so that
it can get the competitiveness in the market.
Value chain is important for the company. In this approach company
divides their activities in the technological ans economical activities.
These all activities are known as value activities. If the value chain of the
company is more effective it helps to develop the competitive advantage
of the company.
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Relationship between the
stakeholders and business
organization
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Part 2
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Introduction
Cloud computing is a system of the computer
networks. It helps to the each and every member
of the company they can operate this network
through internet. This system helps to operate,
control and manage the information and data
more effectively.
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Key Stakeholder
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Key Challenges
Security and Privacy
Continuous monitoring and supervision
Cost related challenges
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References
Allameh, S.M. and Zare, S.M., 2011. Examining the impact of KM
enablers on knowledge management processes. Procedia Computer
Science. 3. pp.1211-1223.
Black, D., Clemmensen, N.J. and Skov, M.B., 2010. Pervasive
Computing in the Supermarket: Designing a Context-Aware
Shopping Trolley. International Journal of Mobile Human Computer
Interaction (IJMHCI). 2(3). pp.31-43.
Borghoff, U.M. and Pareschi, R. eds., 2013. Information technology for
knowledge management. Springer Science & Business Media.
Chang, T.C. and Chuang, S.H., 2011. Performance implications of
knowledge management processes: Examining the roles of
infrastructure capability and business strategy. Expert Systems with
Applications. 38(5). pp.6170-6178.
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