Knowledge without understanding is powerless, thus making it very peril. We normally say knowledge is power. Of course, majority of individuals believe that having knowledge makes someone powerful. A simple argument supporting such claim within a business context is for example, a seller has more knowledge about what he/she is selling than the buyer looking to purchase the product. In this case, the one who possesses most knowledge is powerful. Continue reading “Knowledge Without Understanding is Peril: Using the Banking Industry as an Example.”
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