acquired (verb, ac-quir-ed, \ əˈkwaɪrd \) knowledge (noun, knowl-edge, \ ˈnɑːlɪdʒ \)
Definition: is information that is obtained by a business from the external resources. Oftentimes, acquiring knowledge in business means purchasing those resources or hiring particular professionals to obtain specific data. There are numerous sources of an acquired knowledge, for instance, market research, customer feedback, trade conferences, performance (and other) audits that are executed by external organizations, external databases (both free and chargeable), knowledge from suppliers, etc. In the process of acquiring knowledge for a business, different tools may be used, such as data mining, composing reports, doing the extensive market research, and so on.
In a Sentence:
- The most important acquired knowledge that we have is the result of a thorough and prolonged research.
- To get a sufficient acquired knowledge, you can hire an outside firm to deal with the necessary audits.
- An extensive database search is what we need to study the market properly and to get enough acquired knowledge.
Synonyms and related words: organizational knowledge, acquired advantage, chief knowledge officer, market research, database
