Unformatted text preview: allows organizations to use IT as a catalyst for learning and decision-making-Competitive Advantage- differentiating one’s capabilities from competitors and saving costs in performing regular business processes • IS are systems designed to create, store, manipulate, or decimate information and IT is the tools that IS uses to perform these operations Data-Information-Knowledge Continuum • Data: raw unorganized facts, numbers, pictures, and so on • Information: data that has been organized and is useful to a person. Given meaning by connections. Often answers who, what, when questions • Knowledge: created when a person combines experience and judgment with information. • Getting from data to information involves understanding relationships. Getting from information to knowledge involves understanding patterns. Getting from knowledge to wisdom involves understanding principles. •...
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- Spring '08