MIS Chapter 1
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The core drivers of the information age
Data Information Business intelligence Knowledge
Information
Data converted into a meaningful and useful context
Business intelligence
Information collected from multiple sources such as suppliers, customers, competitors, partners, and industries that analyzes patterns, trends, and relationships for strategic decision making
Data
Raw facts that describe the characteristics of an event or object
Fact
The confirmation or validation of an event or object
Information Age
The present time, during which infinite quantities of facts are widely available to anyone who can use a computer