data - a stream raw fact representing event occuring in organizational, information - a valueable resource for succesful running of the business, knowledge - familiarity awareness or understanding of something, such as facts, information description or skills through experience or education by perceiving, discovering and learning , information policy - set of rules, formal and informal, that directly restrict, encourage, or otherwise shape flows of information , data administration - responsible for the spesific policies and procedures, components of knowledge management - knowledge acquisition, knowledge storage, kmowledge dissementation and knowledge application, data inconsistency - where the same attributes may have different values, poor security  - access and dissemination of information may be out of control , because there is little control, data redundancy - duplicate data in multiple data files, data mining - process of accessing and analysing data in a data warehouse or data mart,

MANAGEMENT INFORMATION SYSTEM CHAPTER 3

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