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3.3

Categories of information and organisations

Revise, Recap, Review

Objectives

3 categories of information used by individuals

2 advantages of solid state media

1 explanation of the difference between data and information

Lesson Objectives

To understand the categories of information used by organisations

To explore the advantages and disadvantages to organisations

Knowledge Management

Theory

Only been around since early 90's

The idea that knowledge should be available the people that need it within an organisation

All of the information and knowledge held by an organisation and its employees should be bought together

MIS

Present an overview of information

Focus upon the big picture

I.E. look at how many staff are off work today to see if agency staff are needed.

The individual absences may be important at some stage, but we can base our decision on the facts and figures

Marketing, sales and promotion

Information used to drive sales/identify gaps in the market

Identify trends and use targeted marketing

Financial analysis and modeling

Measurements based upon the value of sales

Using this information to make a model to predict the future sales is modeling

i.e. if 1000 people visit our site per day and we sell 100 laptops, if 2000 people visit we should sell 200 laptops

Big Data

Task

Task

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