Define the Concepts Underlying Organisation Learning (OL) and Knowledge Management

question 10

Essay

Define the concepts underlying organisation learning (OL) and knowledge management (KM) and discuss how these approaches are useful in creating a learning organisation.

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Definitions:

Hedge Ratio

The ratio of the size of a position in a hedging instrument to the size of the exposure it seeks to hedge.

Call Option

A financial contract giving the buyer the right, but not the obligation, to purchase a stock, bond, commodity, or other asset or instrument at a specified price within a specific time period.

Put Option

This contract permits a person to have the option, without being compelled, to sell a certain amount of a base asset at a fixed price within a designated timeframe.