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Elden [556K]
4 years ago
14

What is first step in developing a knowledge management system

Business
1 answer:
Elza [17]4 years ago
5 0
The first step is determining what knowledge is most important. the control function involves measuring performance relative to the planned objectives and standards, rewarding people for well work done, and then taking corrective action when necessary.

hope this helps :)
You might be interested in
Highly Suspect Corp. has current liabilities of $450,000, a quick ratio of .89, inventory turnover of 6.5, and a current ratio o
nikitadnepr [17]

Answer:

See below

Explanation:

First , we will compute current ratio

Current ratio = Current asset / Current liabilities

1.25 = Current ratio / $415,000

Current asset = $415,000 × 1.25

Current assets = $518,759

Next is to calculate quick ratio

Quick ratio = Current asset - Inventory / Current liabilities

0.79 = $518,750 - Inventory / $415,000

0.79 × $415,000 = $518,750 - Inventory

$327,850 = $518,750 - Inventory

Inventory = $518,750 - $327,850

Inventory = $190,900

Inventory turnover = Cost of goods sold / Inventory

9.5 = Cost of goods sold / $190,900

Cost of goods sold = 9.5 × $190,900

Cost of goods sold = $1,813,550

3 0
3 years ago
In the early days of computers, programmers and designers started businesses in their parents’ garages and worked there until th
joja [24]

Answer:

The correct answer is a. Small firms produce two-and-a-half times as many innovations as large firms relative to the number of persons employed.

Explanation:

SMEs have enormous advantages in terms of innovation compared to large companies because their size gives them dynamism, greater internal flexibility and responsiveness to changing circumstances.

However, some barriers they encounter are the difficulty of financing, the lack of specialists or the lack of resources.

4 0
3 years ago
At the end of 2011, retained earnings for the bisk company was $3,050. revenue earned by the company in 2011 was $1,935, expense
Sliva [168]

<u>Calculation of retained earnings beginning balance:</u>


Retained earning beginning balance can be calculated using the following formula:

Retained earnings ending balance = Retained earning beginning balance + Revenue – Expenses - Dividends


Hence using the given information we can solve the equation as follows:


3,050 = Retained earning beginning balance + 1935 – 1065 - 550


3,050 = Retained earnings beginning balance +320

Retained earnings beginning balance = 3050-320 = $2,730


Hence, Retained earnings beginning balance is <u>$2,730</u>


8 0
4 years ago
A company originally issued​ 13,000 shares of​ $6 par value common stock at​ $12 per share. The board of directors declares a​12
Rashid [163]

Answer:

no option is correct

Explanation:

stocks to be distributed = 13,000 x 12% = 1,560

1,560 stocks x $22 = $34,320

  • 1,560 x $6 = $9,360
  • 1,560 x ($22 - $6) = $24,960

the journal entry to record the declaration of a small stock dividend (less than 20% of outstanding stocks) should be:

Dr Retained earnings (1,560 x $22) 34,320

    Cr Common stock dividend distributable (1,560 x $6) 9,360

    Cr Additional paid in capital 24,960

8 0
4 years ago
Claudia and Dayson are upper-level managers working for the same company, but they are located in different countries and come f
Blababa [14]

The correct answer is B) ) Dayson is from a high-context culture, and Claudia is from a low-context culture.

Explanation:

The term "high-context culture" is used to refer to cultures in which implicit communication, nonverbal elements, and context are important factors of communication. This implies many words and expressions in these cultures do not have a literal meaning. According to this, it is likely Dayson is from a high-context culture, considering he focused on the implicit message in Jorge's words rather than considering the message was literal.

On the other hand, in "low-context culture" elements such as implicit meaning or context are not frequently used, this means, most communication is literal and explicit. This shows Claudia is from a low-context culture because rather than thinking Jorge's answer was just a formalism or irony, she interpreted the message literally.

4 0
3 years ago
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