Final answer:
Knowledge management requires leveraging a knowledge system which necessitates significant behavior and technological changes, integrating data processing with innovative tools to produce valuable knowledge.
Step-by-step explanation:
Knowledge management requires a major change in behavior and technology to leverage the power of a knowledge system. This involves not only the capture and storage of data but also the ways in which this data is processed to produce high-quality information and knowledge that can be used for making decisions. Technological change is a combination of invention—advances in knowledge—and innovation, which together enable existing inputs to yield more or higher quality outputs, as well as different and altogether new products.
Therefore, the influence of new technologies like the Internet, GIS, and GPS describe the impact on how we manage and interpret information. It's also essential to understand that in the context of living systems—including businesses—information plays a critical role in life processes by being stored, retrieved, transmitted, and responded to.