- What value does an organisation place on it's data?
- If your notes were stolen what reward would you offer to see them returned?
- How long would it take you to re-type all your course notes?
- If an organisations data were destroyed by fire, how difficult would it be to replace
all the data?
It is generally recognised that information is a corporate resource, as are capital,
personnel, equipment.
Information is used to make decisions about use of other resources :
- Top management for strategic planning
- Middle management for short term planning, control
- All areas of organisation for day to day operations.
|
Information
The way data is ;
selected,
organised and
presented
in short
 Data:
Raw facts.
Information:
useful processed data. |
