The paper “ Relationship between Knowledge Management and E-Commerce” is an outstanding example of the research paper on management. This paper aims to establish the relationship between knowledge management and e-commerce. With the increased development and use of technology, information technology, in particular, modes of doing business have shifted from traditional commerce to e-commerce. This paradigm shift has consequently affected business operations and practices, and the field of knowledge management has been no exception. There are various ways of conceptualizing the e-commerce system practices and activities. This report comprehensively discusses aspects of e-commerce with respect to knowledge management and demonstrates the importance of knowledge management to the capabilities of an e-commerce system.
Thereafter, we present a detailed analysis of the three foremost knowledge management functions (creating, transferring, and applying organizational knowledge) and their functions in a whole system. Crucially, the study establishes that knowledge management is the basis of adaptability in an e-commerce environment. Therefore, as proposed in the study’ s hypothesis, there is indeed a relationship between knowledge management and e-commerce systems. Even so, there is a dire need to develop a better and highly accurate understanding of knowledge management as a means of enhancing information strategy in the e-commerce business world.
Strategic relevance of knowledge management is necessary for more effective e-commerce strategies, which results in more sustained business performance. Knowledge Management for E-CommerceIntroductionIn recent years, there have been numerous studies and discussions concerning the importance of knowledge management within organizations. Knowledge management and related strategy concepts have increasingly been promoted by firms as essential and necessary components of organizational long term survival, as well as for enhancing an organization’ s competitive edge in the long run.
Thus, it has become indispensable that managers and executives address knowledge management. In addition, knowledge management is considered to be a major requirement for higher organizational flexibility to strategic changes and productivity.
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