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Explore! Guide questions: 1. What is the importance of keeping business records? 2. Do you think being organized in records will help a business? If yes, in what way? 3. As a student, how would you plan your future business? Give insights as to recording it?​

Sagot :

All businesses have access to an extensive pool of knowledge - whether this is their understanding of customers' needs and the business environment or the skills and experience of staff.

The way a business gathers, shares and exploits this knowledge can be central to its ability to develop successfully. This doesn't just apply to huge multinational companies. Knowledge management can benefit everyone from a local newsstand to a manufacturing firm.

This guide explains the basic sources of knowledge available to your business, how you can best harness and exploit this information and how to create a knowledge strategy for your business.