Knowledge management, social networks and innovation Coursework - 2

Knowledge management, social networks and innovation - Coursework Example Knowledge Management (KM), in this regards, is considered the sole requisite to enhance innovation that would act as an added advantage for organisations to maintain their dominance in the global environment. Hence, organisations in the present era are maintaining its competitive edge based on the efficient handling of strategies, such as OL as well as KM (Prange, 1999). Hence, with the developments in the concepts of practice and technology orientation, the organisations are illustrating, the general concepts sustained within the diversified business world (Argyris, 1999). In this context, the paper convolutes on creation of knowledge as well as transfer within organisation. The organisational dynamics will be duly elaborated based on the needs of social dynamics and engendered innovations. Furthermore, the paper inclined towards addressing the complex problems that are prominent within the business domain to enhance the ability of the organisation to assess knowledge. Correspondingly, by addressing the development within the domain of technology, the paper develops a better understanding of the diverse applications of changing business needs. With changing environment and dynamic needs of business, OL has become a major area of interest among business personnel that might help them to develop the quality of operation. Continuous development within the research and development field, as well as in the technical field has in turn acted as a stimulus for integrating OL into the system of business operation (Argote & Miron-Spektor, 2005). With the need to maintain a continuous process of growth and sustainability within the global edge, the organisations are fostering continuous learning process too (Schulz, 2011; Torlak, n.d.). It must be noted in this context that learning is often attributed as a prerequisite for developing the ability of employees in general by enhancing their capacity to perform within the global domain. OL herewith refers to a

Auditing Case Study Example | Topics and Well Written Essays - 3750 words

Auditing - Case Study Example The authorization of gambling is not an issue for a number of states in the US but the major issue is in the form of developing quality audit programs to measure and analyze the operations of the casinos in a systematic manner (Arens, 2012). A number of states in the US have stated the fact that gambling and especially casinos promote economic development. Nevada’s statute declares that gaming industry is vital for the state development and general welfare of people while New Jersey’s statute states that casinos promotes tourism, resort, and recreational activities leading to the creation of economic value in the long run. There is no doubt that several states in the US have promoted casinos in a legal manner but the obvious question surrounding the operations of casinos is in the form of use of auditing tools in order to assess and analyze the overall success factors associated with it. In order to do so, the major purpose of the discussion is to analyze the usefulness of auditing in the context of analyzing the case study of Sands Hotel and Casino. This will help in understanding the relevance and importance of auditing in making business operations fair and transparent. Auditing refers to a systematic review and examination of books, accounts, journals, documents, and vouchers of organizations to analyze and assess the validity and reliability of financial statements in terms of absolute trueness and fairness. Additionally, auditing is considered as an independent examination of data, statements, records, and performance of organizations. Auditing is a complex process requiring high degree of honesty and understanding of the financial statements. An auditor is required to analyze and assess the evidences along with evaluating the same on the basis of the skilled judgment. Additionally, an auditor needs to offer clear and true verdict of his findings through a systematic report