I got this much........KM 1

...................................Enterprises have got their knowledge database. But it differs in nature. It may be in magnetic tape , hard disks, files and also in people's head who is working there in that enterprises. It deals with how these tangible and intangible things work together to reach some objectives. It needs a lot of sharing of knowledge. Sharing within an organization is very important, as it leads to success.

.................................I think knowledge management deals with the basic functions of management such as planning, organizing, leading and controlling. The only thing we have to keep in mind that it concerns with manipulation of knowledge to get the better solution than the previous one.

..................................Experience is an important factor in the way the knowledge is managed. Usually within an organization what happens is , some people can make decisions quickly in the favor of organization ,which leads to the goal or objective. Its because they have dealt with the situation earlier.

...............................KM deals with different people working together and they were ready to share their knowledge , which leads to the objective, they or the organization is meant for.