Here's an analogy....
I'm building a house...the living room is finished and I take a picture of the floor. Then I develop and print a full sized, to scale, fully life-like picture of the floor. I go back to the house and lay down the picture. It looks great, except the color. I can edit the picture and change the color to my liking.
Do I need the actual floor in the house? Depends upon what you ultimately want to do. But, the differences between the actual and the photo...aside from the visual...well, need no explanation.
Hope this helps.