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Today, Knowledge Management is responsible for new organization structures. Communication and workgroup technology create virtual organizations and electronic communities. Members of the organization are connected through networks that extend worldwide, allowing people to communicate easily. The challenge for us is to understand the changes and accommodate them at proper requirement. This challenge we can meet by understanding creation, Storage and Distribution of Knowledge.INTENDED AUDIENCE : Any Postgraduate Students/FacultyPREREQUISITES : Nil INDUSTRY SUPPORT : This is part of Human Behaviour - hence applicable to all Industries