Question: As the knowledge - based economy grows exponentially, the knowledge assets become invaluable to organisations. Effective use of knowledge has been crucial to the organisation

As the knowledge-based economy grows exponentially, the knowledge assets become invaluable to organisations. Effective use of knowledge has been crucial to the organisations survival and success in competitive global markets and has a strong potential to problems solving, decision making, organisational performance enhancements and innovation.
In light of the above statement,
Provide clarity on how the Knowledge Management Value chain adds value to raw data and information as they are transformed into usable knowledge.

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