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What Is Knowledge Management? How Does It Benefit an Organization

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What is knowledge management? How does it benefit an organization?

Identify the enforceability of promises and modifications in preexisting contracts.
Analyze the legal effect of an illusory promise and gratuitous promises in contract law.
Explain the importance of legal detriment and legal benefit in the context of enforceable contracts.
Understand the role and application of promissory estoppel in contract law.

Definitions:

Mass Medium

A means of communication that reaches large numbers of people, such as television, radio, newspapers, and the internet.

1950s

The decade spanning from January 1, 1950, to December 31, 1959, often noted for its economic prosperity and emergence of distinct cultural norms in the post-World War II era.

Mass Media

Refers to diversified collections of media technologies that reach a large audience via mass communication.

Impersonal Audience

A broad, undifferentiated group of people to whom communication is directed, without a personal connection or identification.

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