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Any concept, even in the form of factual information or factual knowledge, is already. a generalized interpretation of reality and thus an abstract act of thinking. At some point. however, this level of abstraction becomes automatic (that is, it becomes âfactual. knowledgeâ) in the mind of an individual.
1 KM Pyramid: Data â¦ Information â¦ Knowledge Knowledge enables understanding or wisdom necessary for effective Wisdom decision making Knowledge is information placed in context based on facts and meaningâ Knowledge it is actionable Management Information is data with relevance and purpose.