At a macro level, we can divide the life of our information into four phases: acquisition, use, archival, and disposal.
Acquisition
information is acquired by an organization in only one of two ways: copied from elsewhere or created from scratch.
After the information is acquired, but before it can be used, there are steps we must take to make the information useful. Typically, we attach both system metadata (e.g., author, date/time of creation, and permissions) and business process metadata (e.g., classification, project, and owner) to it. Finally, the information is indexed to facilitate searching and assigned to one or more data stores.
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