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==== Electronic Format ==== | ==== Electronic Format ==== | ||
Digital documents exist in electronic formats, which means they are stored and transmitted as binary data. This format allows for efficient storage, retrieval, and transmission of information via electronic devices.{{sfn|Lucas|2023c}} | Digital documents exist in electronic formats, which means they are stored and transmitted as binary data. This format allows for efficient storage, retrieval, and transmission of information via electronic devices.{{sfn|Lucas|2023c}} Digital documentation is the only method to meet a critical challenge of the relatively new concept of "knowledge management" that applies to all organizations. A digital knowledge management system is crucial to an organization so everyone can access information created by employees who are no longer with the organization or cross-referencing with other seemingly unrelated departments.<ref>{{cite web |url=https://www.ibm.com/topics/knowledge-management |title=What is Knowledge Management? |website=IBM |access-date= 24 November 2023}}</ref> | ||
==== Non-Tangible ==== | ==== Non-Tangible ==== |
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