Components of Knowledge:
i. Judgment: Very unlike data and information based on data association, knowledge has a component of judgment attached to it. A colorful and precise stock ticker and a real-time graph on the web site can be excellent information for a share broker, however, in real value, it means nothing if he can’t act upon it or make a decision based on the data they provide. Unactionable information is not knowledge. However, if the share broker recognizes that he needs to sell the shares when the trend chart looks like a particular pattern or need to hold when it looks like another pattern, he is making judgment based on it. The judgment allows knowledge to rise above and beyond an opinion when it reexamines itself and refines every time it is applied and acted upon.
- Bhanumathi, P. (2015). Knowledge management enablers processes and organizational performance a case study of select SMEs in Bangalore.
- Arora, C. S. (2004). Emerging knowledge management performance measures for consulting firms