Question: What is a Knowledge Management System? Explain how KMSs would help innovation and creativity in business. Identify & explain four strategies or frameworks to encourage

  1. What is a Knowledge Management System? Explain how KMSs would help innovation and creativity in business.

  1. Identify & explain four strategies or frameworks to encourage and promote continuous improvement in an organisation.

  1. Explain 'Management by Objectives (MBO)' and 'Process mapping' as performance measures and their importance in order to support innovation and continuous improvement.

  1. What is Organisational Learning and why is it important? Explain with reference to the organisational learning principles.

  1. Explain the importance of Quality Management & Continuous Improvement in business.

  1. What concepts or frameworks can help organisations to promote continuous improvement?

  1. What is risk management and what are the concepts of effective risk management?

  1. Explain cost-benefit analysis in details with an example.

  1. Explain Gap Analysis and three (3)methods for conducting gap analysis.

  1. Explain how an organisation can manage emerging challenges, business trends and opportunities effectively?

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