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IAS Examination
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• A word of qualification before we proceed with
  our definitions. We're aware that some
  researchers identify more than the three entities
  of data, information, and knowledgegoing on, for
  example, to describe wisdom, insight, resolve,
  action, and so forth.
• Since we've noticed that firms have enough
  difficulty distinguishing among three related
  concepts, however, we're not inclined to address
  more. For practical purposes, we'll lump
  higher-order concepts such as wisdom and insight
  into knowledge.

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