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MGT605 Business Capstone
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MGT605 Business Capstone
1 Download2 Pages / 399 Words
Course Code: MGT605
University: Laureate International Universities
MyAssignmentHelp.com is not sponsored or endorsed by this college or university
Country: United States
Questions:
a. Develop and articulate a global perspective on management through a substantial applied project
b. demonstrate collaborative leadership in the preparation of a significant body of practical or theoretical work
c. use specialist research skills to analyse a complex problem and then synthesise the research, communicating it effectively to both specialist and lay audiences
d. synthesise concepts from a broad range of previous subjects studied (e.g. finance, marketing, operations), simplifying into an holistic big picture
Answer:
Knowledge management is a significant aspect in terms of handling the information and resources in an organisation.
The presentation is focused with the evaluation of knowledge management concepts and its impact on the decision making
It would evaluate the different aspects of knowledge management by assessing the case of Woolworths, a supermarket chain of Australia
Research aim and objectives
The objective of the research are:
To determine the leadership style used within Woolworths
To examine the techniques adopted by Woolworths for undertaking decisions for the betterment of the organization
To evaluate the impact of knowledge management on the decision-making process of Woolworths
To make recommendations for improving the knowledge management practices and decision-making process of Woolworths
Research questions
Which leadership style is followed by Woolworths?
What are the techniques used by Woolworths in terms of undertaking decisions regarding the efficient execution of the business activities?
What impact does knowledge management have on the decision-making process of Woolworths?
What recommendations can be suggested for improving knowledge management and decision-making process of Woolworths?
Rationale of the Research
It would help the organisation, understand its strategies and make better enhancements into it
The research would help the authorities to apply effective management techniques so that to regulate the performance of the employees effectively. (Hislop, Bosua and Helms, 2018)
It would even assists other scholars and researchers in exploring more ideas in their further studies based on similar topic.
References
Dayan, R., Heisig, P., & Matos, F. (2017). Knowledge management as a factor for the formulation and implementation of organization strategy. Journal of Knowledge Management, 21(2), 308-329.
Epstein, M. J. (2018). Making sustainability work: Best practices in managing and measuring corporate social, environmental and economic impacts. Routledge.
Flick, U. (2015). Introducing research methodology: A beginner’s guide to doing a research project. Sage.
Hislop, D., Bosua, R., & Helms, R. (2018). Knowledge management in organizations: A critical introduction. Oxford University Press.
Huarng, K. H., Mas-Tur, A., & Moreno, F. C. (2018). Innovation, knowledge, judgment, and decision-making as virtuous cycles.
Johannessen, J. A. (2018). Knowledge Management and Innovation: Aspect of a Theory. In Knowledge Management as a Strategic Asset (pp. 45-74). Emerald Publishing Limited.
Smith, J. A. (Ed.). (2015). Qualitative psychology: A practical guide to research methods. Sage.
Taylor, S. J., Bogdan, R., & DeVault, M. (2015). Introduction to qualitative research methods: A guidebook and resource. John Wiley.
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