Describe why you think it is important for an organization to obtain knowledge from its data, and what happens to organizations that do not take this step?

This paper concentrates on the primary theme of Describe why you think it is important for an organization to obtain knowledge from its data, and what happens to organizations that do not take this step? in which you have to explain and evaluate its intricate aspects in detail. In addition to this, this paper has been reviewed and purchased by most of the students hence; it has been rated 4.8 points on the scale of 5 points. Besides, the price of this paper starts from £ 45. For more details and full access to the paper, please refer to the site.

Several times you have heard of people talking about data and information, and in many situations they are using the terms in the wrong context. Take this opportunity to define the following terms: data, information, and knowledge.

• Talk about how the information systems you have chosen for your organization can be used to transform data into information, and information into knowledge.
• Describe why you think it is important for an organization to obtain knowledge from its data, and what happens to organizations that do not take this step?

• In a posting of 4–6 paragraphs, define the terms, and discuss their implementation.