This preview shows page 1. Sign up to view the full content.
Unformatted text preview: allows organizations to use IT as a catalyst for learning and decision-making-Competitive Advantage- differentiating ones 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....
View Full Document
- Spring '08