Exam (elaborations)
MNG3702 Assignment 1 (Complete Answers) Semester 1 - Due: March 2024
- Course
- Management
- Institution
- University Of South Africa (Unisa)
MNG3702 Assignment 1 (Complete Answers) Semester 1 - Due March 2024
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MNG3702ASSIGNMENT: 01
SEMESTER: 01
DUE DATE: MARCH 2024
Written Assignment Submission Guidelines:
Please ensure that your assignment is submitted electronically through the myUnisa platform no
later than March 2024. Kindly note that fax or email submissions will not be accepted.
QUESTION 1
Absorptive capacity, a pivotal concept in organizational learning, denotes an organization's
adeptness in recognizing, assimilating, and applying external knowledge to address operational
challenges and foster innovation. Within this framework, there exist four fundamental dimensions
that delineate an organization's absorptive capacity:
Acquisition of External Information:
• This facet pertains to the organization's adeptness in sourcing pertinent information from its
external milieu in a timely manner. For Netcare, a premier healthcare provider, ensuring access
to cutting-edge medical advancements is imperative. Consequently, the company fervently
engages in medical conferences, collaborates with esteemed research institutes, and forges
strategic partnerships with leading medical technology firms. By maintaining a pulse on the
latest developments, Netcare positions itself to discern valuable external knowledge that can be
harnessed to elevate the quality of patient care and medical practices.
Assimilation of Acquired Information:
• The assimilation dimension underscores the organization's capacity to dissect and comprehend
the implications of acquired information. For Netcare, fostering a culture of continuous learning
and knowledge sharing is paramount. To this end, the company invests substantially in
comprehensive employee training programs, workshops, and seminars. Through these
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