Running head: KNOWLEDGE MANAGEMENT SYSTEMSKnowledge Management SystemsNameCourseUniversity1KNOWLEDGE MANAGEMENT SYSTEMS2DiscussionAs a retail entrepreneur, knowledge management systems are crucial for the success ofmy business operations. The system could be part and parcel of my everyday activities, making itpossible to run the business smoothly and cater to the needs of all my customers. The enterprisehas vast records that need to be kept, updated, and regularly accessed as part of businessoperations. Therefore knowledge management system will help in streamlining the processes ofthe business and ensuring everything is running smoothly. For example, as a retailer who sells awide variety of merchandise to small and large clients, records keeping are essential. Theknowledge management system will, therefore, help ensure that all the inventory records are upto date, transactions with clients are maintained, and the enterprise runs smoothly. In this contextof an entrepreneur, data and information are related based on the fact that one is derived from theother. The enterprise has a vast amount of data of clients; however, when queried, the system canconvert ...
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