User:Tatanew/sandbox

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.	Concept of Knowledge
Knowledge is increasingly being recognized as the new strategic imperative of organizations. In order to comprehend knowledge management, it is necessary to first understand the concept of knowledge. What is knowledge? How is knowledge different from information? And how is information different from mere data? An example: data, information and knowledge Data •	Data represents unorganized and unprocessed facts. •	Raw numbers, images, words, derived from observations or measurements. •	A mere collection of data is not information. This means that if there is no relation between the pieces of data, then it is not information. What makes a collection of data information is the understanding of the relationships between the pieces of data or between the collections of data. Example: the numbers 100 or 5% are completely out of context, are just pieces of data. Interest, principal, and interest rate, out of context, are not much more than data as each has multiple meanings which are context dependent.