Overview
Knowledge Management in a globalized economy is essential for organizations to thrive in a competitive landscape. It involves capturing and sharing knowledge across borders, which enhances innovation and efficiency. By understanding cultural differences and leveraging technology, businesses can crea...
Key Terms
Example: Companies use knowledge management to improve efficiency.
Example: Globalization has led to increased competition.
Example: Cultural awareness helps in international negotiations.
Example: Information systems support decision-making in businesses.
Example: Tools like Slack and Zoom facilitate remote collaboration.
Example: Data analytics helps businesses understand market trends.