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SM/U3 Topic 3 Vertical Integration

Specifically, vertical integration occurs when a company assumes control over several production or distribution steps involved in the creation of its product or service. Vertical integration can be carried out […]

SM/U3 Topic 1 Diversification Strategies

Diversification strategy probably takes place, when company or business organizations introduce a new product in the market. These strategies are known as diversification strategies. There are three types of diversification […]

SM/U2 Topic 7 Grand Strategies

The Grand Strategies are the corporate level strategies designed to identify the firm’s choice with respect to the direction it follows to accomplish its set objectives. Simply, it involves the decision of […]

SM/U2 Topic 6 Concept of Value Chain

Manufacturing companies create value by acquiring raw materials and using them to produce something useful. Retailers bring together a range of products and present them in a way that’s convenient […]

SM/U2 Topic 4 Strategic Analysis and Choice

The first step in evaluating and choosing a strategy is to review the results of the strategic situation assessment consisting of an analysis of the general, industry, and internal environments, […]

BIA/U4 Topic 3 Knowledge Management Technologies

Knowledge Management Technologies are information technologies that can be used to facilitate knowledge management. Knowledge Management Technologies are intrinsically no different from information technologies, but they can focus on knowledge […]

BIA/U4 Topic 2 Knowledge Generation, Knowledge Storage

Knowledge Generation Sources of Knowledge of an Organization Intranet Data warehouses and knowledge repositories Decision support tools Groupware for supporting collaboration Networks of knowledge workers Internal expertise Definition of KMS […]

BIA/U4 Topic 1 Types of knowledge

Knowledge management is an activity practiced by enterprises all over the world. In the process of knowledge management, these enterprises comprehensively gather information using many methods and tools. Then, gathered […]

BIA/U3 Topic 3 Market Basket Analysis

Market basket analysis (MBA) is an example of an analytics technique employed by retailers to understand customer purchase behaviors. It is used to determine what items are frequently bought together […]

BIA/U3 Topic 2 Data Mining Techniques

Data Mining is the process of extracting useful information and patterns from enormous data. Data Mining includes collection, extraction, analysis and statistics of data. It is also known as Knowledge discovery […]