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It not just from books we read, but also from our experiences in real life. It gives people ideas and skills, the confidence and authority to act and to lead others. People prepare themselves for their work by going to college, by reading and learning.
Furthermore, knowledge management also plays a very important role in the business. There are several points that make knowledge management become necessary:
• Marketplaces are increasingly competitive and businesses are being more innovative.
• Downsizing staff creates a need to replace informal knowledge with formal methods.
• Competitive pressures reduce the size of the work force that holds valuable business knowledge...
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