Homework Answers
Answer 1: Managing information flows within all supply stages to improve effectiveness and profitability
Explanation: Supply chain management of an organization can manage the information flows of an organization’s supply stages and provide the data generated to various nodes like managers, support staff, the customer so as to improve the effectiveness of the supply and also customer retention, which leads to profitability with economies of scale.
Answer 2: People
Explanation: The five components of an information management framework are hardware, software, people, data and procedures.
Answer 3: Analysing an organization’s past performance to make predictions
Explanation: The organization, through the use of business intelligence, can gather, manage and analyze the past data generated pertaining to the system and operations. This can be used to generate insights and predictions of how the future state is going to be.
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intellectual capital?
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7. cultural impact of knowledge sharing?
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2. what is knowledge cycle?
3. what is intellectual capital and three dimension of
intellectual capital?
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6. what is organization culture?
7. cultural impact of knowledge sharing?
8. what is data mining?
9. what is knowledge discover?
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