Accounting for Knowledge Management

In the late fourteenth century, a busy Italian merchant named Datini, ordered twenty-nine sacks of wool from Spain. It would be three and a half years before the cloth made from the wool finally reached him.1 Business in the middle ages was complex, with a multitude of different and complicated transactions at different stages of their cycles, and spread all over the known world – including the trading routes of Asia. Each major trading city had its own currencies, sets of weights and measures, and business regulations. The business of the time had many uncertainties associated with it. Information flows were unreliable
and slow, risk of war, theft or loss from other means was high…

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Posted by edgar on 19/10/02 at 05:36 PM | Categories: KM Critiqued | Permalink