Knowledge management (based on ”IVEA” case)

Abstract

The successful management of knowledge has emerged as a critical element in determining a company's success in today's worldwide and fast evolving corporate environment. The idea of knowledge management is looked at in the context of economic relations in this thesis, along with the many forms and techniques of knowledge management and the knowledge management process. The study focuses on the IVEA LLC example, examining the firm's organizational structure, competitive advantages, and the role that knowledge management has played in its development. The research also examines knowledge management as a distinct field of corporate activity, including contemporary knowledge management theory and its function in forging a competitive advantage. By analyzing the case of IVEA LLC and discussing the broader implications of knowledge management in the business world, this thesis provides insights and recommendations for companies seeking to improve their competitiveness and enhance their business development in the context of economic globalization.