Define the term “Knowledge”. Use proper example to differentiate the term “Knowledge” from Data, and information. Write a detailed note on major types of Knowledge.

Knowledge Management (MGT 403)
Assignment Questions: (15 Marks)
This Assignment is a report-based assignment.
Besides other materials like journal papers, report, and research articles, students are advised to read chapter 1 to chapter 3 thoroughly from the book prescribed for this course.
Students must use proper references to justify their assignment work.
The Assignment structure is as follows:
Introduction: The introductory part must contain the following. (5 Marks)
Concept of knowledge management.
followed by detailed discussion about the concept of Knowledge management and its importance in present day world of business.
Define the term “Knowledge”. Use proper example to differentiate the term “Knowledge” from Data, and information. Write a detailed note on major types of Knowledge.

Knowledge management cycles and Models: (5 Marks)
Discuss in detail Bukowitz and Williams Knowledge management cycle. How is it different from Wiig’s KM cycle. Write minimum two points of difference. (Minimum 500 words) (3 Marks) Chapter 2
Discuss in detail the Nonaka and Takeuchi knowledge spiral model of KM. Write a brief paragraph on Choo’s Sense making model. (400-500 words) (3 Marks) Chapter 3
References:(1.5 Marks). 0 Mark for No references, Less than 5 References (0.75 Mark) More than 5 references 1.5 Marks.