Knowledge Management and Competitive Advantage: A Study of Remou Oil Nigeria Limited
Knowledge Management and Competitive Advantage: A Study of Remou Oil Nigeria Limited

Summary/Abstract: The study examines the relationship between knowledge management and competitive advantage in Remou Oil Nigeria Limited. The study sought out how knowledge management (technocratic, economic, social, explicit, tacit and behavior) enhances competitive advantage in Remou Oil Nigeria Limited in terms of cost advantage, differentiation advantage and economic value of the product. A Point in time data was collected from primary source covering a period of 16 months from January 2016 to April, 2017. The population of this study was 50 staff of Remou Oil Nigeria Limited. The population was used as a sample size. Ordinary least Square method of multiple regressions with a statistical package of e-view and SPSS were adopted and findings reveal that relationship between knowledge management and competitive advantage in Remou Oil Nigeria Limited is statistical significant. These indicate that knowledge management (technocratic, economic, social, explicit, tacit and behavior) are significantly contributing to competitive advantage in Remou Oil Nigeria Limited in terms of cost advantage, differentiation advantage and economic value of the product. The study therefore recommends that Remou Oil Nigeria Limited should maintain their knowledge management skills since it statistical significant in achieving competitive advantage over competitors in terms of cost advantage, differentiation advantage and economic value of the product.

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