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


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