Assignment Of Knowledge Management

Topic: Knowledge Management Definition Data , Information , wisdom example Submmitted by: Nayab Gull Khan Semester: 7th Submitted to: Maam Aisha Nadeem MBSE-11-03

Department of Business Administration Bahauddin Zakariya University Sahiwal Campus

Introduction "Knowledge is information that changes something or somebody -- either by becoming grounds for actions, or by making an individual (or an institution) capable of different or more effective action." "Knowledge management is the process of capturing, distributing, and effectively using knowledge." Data The term data is often used to distinguish binary machine-readable information from textual human-readable information. Example representing a restaurant sales order including two large burger and two medium-size soft drink. Information Information, in its most restricted technical sense, is a sequence of symbols that can be interpreted as a message. Information can be recorded assigns, or transmitted as signals. Information is any kind of event that affects the state of a dynamic system that can interpret the information. Example For the restaurant manager numbers is used to indicate the daily sales of burger and soft drink. Knowledge Knowledge is a familiarity with someone or something, which can include facts, information, descriptions, or skills acquired through experience or education. Example The daily sales of burgers can be used to compute the amount of bread to buy. Wisdom Knowledge that is gained by having many experiences in life or the natural ability to understand things that most other people cannot understand Or knowledge of what is proper or reasonable : good sense or judgment Example For the restaurant owner for his sale pas experiences he will the ability to judge the next place where he want to open a new branch of restaurant from his Experience.