Type of knowledge

“Knowledge is a fluid mix of framed experience, values, contextual information, expert insight and grounded intuition that provides an environment and framework for evaluating and incorporating new experiences and information. It originates and is applied in the minds of knower’s. In organizations it often becomes embedded not only in documents and repositories but also in organizational routines, processes, practices and norms.” (DIKW Hierarchy, 2011 December 15) As mention above in Mercedes the systems analysts can use this information and processed it into knowledge and the knowledge accumulated learning and expertise when they are applied for any problem like for example the number of buyer of Cls 65 model to another model like G55 model this can provide the CEO with knowledge of the buyer demand of the Mercedes models, furthermore this can provide the CEO with knowledge the current stock of cars and the current demand and when a new stock will be required knowledge consider as an important resources for the enterprise and it needs to be managed correctly.