qualitative or quantitative Q2: What is information? Give example. Ans2: Information is data that has been given meaning by way of relational connection. Example - knowledge; facts; data; details Q3: What is knowledge? Give example Ans3: When information is packaged or used for understanding or doing something‚ it is known as knowledge. Example - Specific information about something Q4: What is IT? Give example Ans4: Information Technology (IT) is the branch of engineering
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Character The most basic logical data element is the character‚ which consists of a single alphabetic‚ numeric‚ or other symbol. One might argue that the bit or byte is a more elementary data element‚ but we should remember that those terms refer to the physical storage elements provided by the computer hardware. Field The next higher level of data is the field‚ or data item. A field consists of a grouping of related characters. For example‚ the grouping of alphabetic characters in a person’s
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allowing for the system to respond to the forecast. Sould cover a span of time that allows actions to be taken to meet the forecast. -Should be accurate (no forecast id 100% accurate). Should be reliable and used so that actual sales will not depart radically from the forecast. -Expressed in meaningful terms such as dollars‚ production planners‚ and manpower needs. -Should be in writing and easy to understand‚ and cost effective. Factors on Demand under the influence of management Design and characteristics
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understanding information technology and management information systems can help you achieve business success-or more importantly‚ help you avoid business disasters-regardless of your major? Understanding Information technology and management information systems are vital for the success or more importantly‚ help you avoid business disasters because information technology is most useful when it leverages the talent of people. The right people have to know how to use the information technology in
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improve more opportunities for the customers offering them loyalty cards TESCO’S ORGANISATION STRUCTURE The product system for Tesco Tesco is the big company‚ so used many of the systems to manage their management system. The main system of Tesco is management information system. A system to convert internal and external sources into information and to communicate that information‚ in an appropriate form ‚ to managers at all levels in all functions to enable them to make timely and effective decisions
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The aim of an information management strategy is to: A. Gain value from information resources. B. None of the above. C. Improve the quality of information resources. D. Protect information resources. E. Assign appropriate responsibilities for information resources. An information policy is typically aimed at improving: A. The utilization of data storage on servers. B. A culture of knowledge sharing. C. Errors from poor quality information. D. Opportunities from
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Ellison CEO‚ oracle Cloud ``A Cloud is a type of parallel and distributed system consisting of a collection of inter-connected and virtualized computers that are dynamically provisioned and presented as one or more unified computing resource(s) based on service-level agreements established through negotiation between the service provider and consumers” Cloud ``A Cloud is a type of parallel and distributed system consisting of a collection of inter-connected and virtualized computers
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Task 1. Management Information System (MIS) In my words‚ Management Information System is a digital‚ or computer based tool‚ which provides managers of all levels‚ as well as regular employees‚ with information crucial to perform their tasks more effectively. Management Information Systems are used especially by managers and they help them with different areas of their work: gathering needed information decision making feedback evaluation of processes Management Information Systems combine
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Homework assignment 3 Amartuvshin Narmandakh Read the case named Toyota as Number One‚ and respond to the following questions: 1. What are the basic principles of Toyota’s production system? To which areas of the organization do these principles apply? Toyota’s production system is unique system of production vehicles developed by Toyota. Toyota’s production system’s goal is emphasizes on speed‚ efficiency‚ and quality. TPS has two basic principles: * Just in Time * Jidoka / The
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easy and simple database system and software for the organization. It will allow the employees to execute their tasks correctly‚ easily and competently. Task (1): Establish a clear operating system (Server OS‚ Client OS). Consistent application software has to be used‚ to offer precise information and steer clear of mistakes‚ like for example: ERP enterprise: which will be used in the internal payroll system and the general ledger Financial software Postal system Software Task (2): Design
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