Papers by Ricardo Díaz Pelaez
Knowledge Management has been conceived as: "The way in which an organization is administered, wh... more Knowledge Management has been conceived as: "The way in which an organization is administered, when the value of its knowledge is understood". Knowledge Management consists in making systematic use of knowledge in the organization and applying it to its business dynamics; taking advantage of "what the company knows"; to achieve the objectives set by the organization. Its main objective is never to make the same mistake more than once and make all decisions based on the knowledge of the company. Knowledge management should be part of the basic practices of a company, as well as financial management and security management. Knowledge management allows organizational learning, a concept in which companies invest not only in the reliable and expert production of a product or service, but in the knowledge generated in these production processes.
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Drafts by Ricardo Díaz Pelaez
The terms of blue and red ocean to better exemplify how the market is separated today. Mentioning... more The terms of blue and red ocean to better exemplify how the market is separated today. Mentioning that the red oceans are all industries or companies that exist and compete with each other. In this market space there is all the competition of products and prices where everyone struggles to be the leaders. While the blue oceans define them as companies or products that do not yet exist, making the comparison as an unknown market or area of opportunity, unexplored and especially without competition. It has similarity to the red ocean since space or size is quite deep and powerful in terms of opportunities and profitable growth.
The red ocean is defined as a market that, despite being well known, is quite dangerous since if you want to enter there, you must accept the rules that “by default” exist, in this type of market you enter with a fixed quota or in In other words, if you want to include a product you must adapt to the prices or quotas of your competition, which is quite complicated since at first if you want to generate profits or if you want customers to start to know your product, earning in a certain way fame or that you are more well-known, you must badly shuffle your product thus causing a great risk of losses causing your company to reduce the chances of growing.
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Papers by Ricardo Díaz Pelaez
Drafts by Ricardo Díaz Pelaez
The red ocean is defined as a market that, despite being well known, is quite dangerous since if you want to enter there, you must accept the rules that “by default” exist, in this type of market you enter with a fixed quota or in In other words, if you want to include a product you must adapt to the prices or quotas of your competition, which is quite complicated since at first if you want to generate profits or if you want customers to start to know your product, earning in a certain way fame or that you are more well-known, you must badly shuffle your product thus causing a great risk of losses causing your company to reduce the chances of growing.
The red ocean is defined as a market that, despite being well known, is quite dangerous since if you want to enter there, you must accept the rules that “by default” exist, in this type of market you enter with a fixed quota or in In other words, if you want to include a product you must adapt to the prices or quotas of your competition, which is quite complicated since at first if you want to generate profits or if you want customers to start to know your product, earning in a certain way fame or that you are more well-known, you must badly shuffle your product thus causing a great risk of losses causing your company to reduce the chances of growing.