This document discusses the differences between tacit and explicit knowledge, defines knowledge management as the process of capturing, developing, sharing, and effectively using knowledge to achieve organizational objectives, and lists some advantages of knowledge management like improved business intelligence, project management, decision support, and customer service. It concludes that knowledge management is an essential practice for organizations that can provide long-term benefits in terms of finance, culture, and people.

2. Data, Information & Knowledge
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3. Explicit/ Tacit Knowledge-Types
 Tacit knowledge: That type of knowledge
which people carry in their mind, and is,
therefore, difficult to access.
 Explicit knowledge: That type of knowledge
which has been or can be articulated,
codified, and stored in certain media.
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4. What Is Knowledge Management ?
Knowledge Management is the process of –
 Capturing
 Developing
 Sharing
 Effectively using knowledge
 For achieving the objective.
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5. Process of knowledge management

6. Advantages of KM in organization
 Business intelligence
 Project management
 Decision support
 Customer service

7. conclusion
Knowledge management is an essential
practice for every organization.
Organizational knowledge adds long term
benefits to the organization in term of
finance, culture & people. Therefore all
mature organizations should take necessary
steps for knowledge management in order to
enhance business operations and
organization’s overall capability.