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| Topic: |
Technology
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| Number of pages / Number of words: |
6 / 1497 |
Essay's paper body
For example, analysis of retail point of sale transaction data can yield information on which products are selling and when.
What is Knowledge?
Knowledge is what is known. Like the related concepts truth, belief, and wisdom, there is no single definition of knowledge on which scholars agree, but rather numerous theories and continued debate about the nature of knowledge...
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Information can be converted into knowledge about historical patterns and future trends. One example is that summary information for retail supermarket sales can be analyzed in to promote and provide knowledge of consumer buying behavior. Therefore, a manufacturer or retailer could determine which items are most susceptible to promotional efforts...
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General points of the essay
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