Category: knowledge

Knowledge is the understanding, awareness, or familiarity acquired through experience or education. It encompasses facts, information, skills, and concepts, and can be theoretical or practical. Knowledge is often considered a valuable asset because it enables individuals to make informed decisions, solve problems, and understand the world around them.

There are different types of knowledge:

– **Explicit Knowledge**: This is formalized and can be easily communicated and shared, often in the form of data, documents, or procedural guidelines.

– **Tacit Knowledge**: This is more intuitive and harder to articulate. It’s often learned through personal experience and includes things like craftsmanship skills, or the ability to read a complex situation.

– **Procedural Knowledge**: This is knowledge about how to perform certain tasks.

– **Declarative Knowledge**: This is factual information that one can declare or state.

In your case, running a cellphone repair business, you’d likely have a mix of explicit knowledge (like repair manuals or troubleshooting guides), and tacit knowledge (like the knack for figuring out what’s wrong with a device just by looking at it).

Knowledge is often considered to be the foundation for other intellectual abilities like wisdom and insight. It’s not static but grows and evolves over time as we learn and experience more.