distinct-and equally ineffective-camps. The first, and by far the most common, is to do nothing: anticipate no needs at all; make no plans for addressing them( rendering the term "talent management" meaningless). This reactive ap-preach relies overwhelmingly on outside hiring and has fal-tered now that the surplus of management talent has eroded. the second, common only among large, older co,pani
Management style of Enterprise is changed
Companies want to take maximum effect
by putting knowledge to practical use.
Companies institute knowledge
1. It invests everything in knowledge , Even though it is difficult
to estimate the profits from the cost reduction.
2. A business displays excellent teamwork because of spec
or Index): Field in each record uniquely identifies this record for retrieval, updating, sorting
Definition: Organization’s electronic library stores & manages data in a convenient form
DBMS: Software to create & maintain data enables business applications to extract data independent of specific computer programs
Act as an interface between applications program and physical data file