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This essay is going to be based on the work "The renaissance of Learning in Business", written by Dr. John W. Thomson.
Intense and global competition and explosion in information technology and the emergence of a knowledge based economy are continually reshaping the world's businesses environment.
According to Dr. W. Edward Demming the purpose of organisational learning and the acquisition of organisational knowledge is to provide the foundation for rapid, dramatic organisational change; increasingly the fundamental requirement for organisational success.
The ability of a c…
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