What is the principle of increasing returns

Two pages each question:


1. What is the principle of increasing returns? Discuss in your own terms. Using the knowledge (idea exchange) community as the example, if you are a facilitator, how do you tell if increasing returns is happening in the idea exchange community? Why?



2. Discuss why and how knowledge and capabilities can be the most important source of competitive advantage in today’s business environment. Use a company or an organization to support your points.



3. Intelligent (knowledge-based) decision support is increasingly relying on data warehousing and data analytics. Describe how a data warehouse is created. Also, discuss how decision makers in a business may benefit from data warehousing and data analytics.

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