Examlex
A strategic alliance can be made with just about any other organization except one's competitors.
TPS
Transaction Processing Systems are computerized systems that perform and record daily routine transactions necessary to the operation of a business, such as sales order entry, hotel reservations, payroll, employee record keeping, and shipping.
Data
Data refers to qualitative or quantitative attributes of a variable or set of variables.
Knowledge
Data and/or information that have been organized and processed to convey understanding, experience, accumulated learning, and expertise as they apply to a current problem or activity.
Wisdom
The capacity to apply knowledge, experience, understanding, and insight in a judicious and practical way to solve problems or make decisions.
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