Unit 2.01 Understanding Information Management
One of the purposes of information management is to provide businesses with the strategic information they need to:
make long-term decisions
Information management can be a challenge because:
many people do not understand what it is
Businesses assess their information needs to determine the type of information that will help them deal with:
specific problems
Information management
the process of accessing, processing, maintaining, evaluating, and disseminating knowledge, facts, or data for the purpose of assisting business decision making.
Why is it important for businesses to store information for future use?
to make it accessible
Data processing
turns data, which are facts and figures, into useful information. Its an important element of information management.
Which is the MOST efficient tool for gathering external information that businesses need?
Internet
Which is a true statement about a management information system (MIS)?
It may be one part of a business's overall information management pogram
management information system (MIS)
a form of technology that assists with a business's information management needs
One way for businesses to obtain needed information efficiently is to:
access a database
The reason businesses obtain information usually is to apply it in order to:
accomplish a task
Businesses evaluate the quality and source of the information they obtain to make sure the information is:
Useful
What do MOST businesses use to store information for future use?
computer systems