||To compete effectively in today's knowledge economy businesses are required to systematically manage their information and knowledge resources. In this unit you will develop an understanding of the main issues businesses face when they develop and implement knowledge management initiatives. You will be introduced to the tools and systems that enable businesses to acquire, store, distribute, analyse, and leverage information and knowledge resources. By focusing on the theoretical and practical principles that link people, information, and organisations, this unit will help you understand the processes of generating, communicating, and using knowledge in businesses, and the way these can be integrated with business strategy and information technology. Assumed knowledge for this unit is INFS1000 or equivalent.