Ajay_Maheshwari_500_Module_7_Dec2

Ajay_Maheshwari_500_Module_7_Dec2 - Module71...

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Module 7      1 Module 7: Information Technology MBA in Finance (2010)
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Module 7      2 Abstract Response   to   first   question   defines,   compare   and   distinguish   between   data   and  information with the example. It clarifies that Data is a raw while information is the result  of  analysis . Response to the second question clarifies that organization is run by the  managers of organization, who are making decisions in every step of organizational  activities   and   that’s   why   analyzing   managerial   decision   making   is   important   when  designing Information system to ensure it effectiveness and efficiency. Response to third  question brings critical points from the homepage of the U.S. Bureau of Labor Statistics  website  and  details  about  job  prospects   and  forecasts  of  an  MBA degree  holder.  Response to the fourth question explicate that Intra-organizational cooperation between  Information systems Personnel and line Managers offer the potential to develop high  quality,   low   cost   information   systems.   Response   to  fifth   question   talks   about   how  Managers   may   achieve   Organizations   goals   through   Company’s   website.  .
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Module 7      3 Module 7 Deliverables Assignments:  Essay Questions Essay Question 1   Compare and contrasts the differences between "data" and  "information". Give and explain several examples in scholarly detail. Response:   The meaning of data is different depending upon the subject in which it is  used. Generally data is all the basic facts and figures which are then processed or  worked upon to obtain more knowledge. In computer science, data is defined as all the  raw facts and figures that a computer processes by following a set of instructions called  a program. Data by itself has no meaning; it can be in the form of letters (a, b, x, y, z,  etc), numbers (1, 3, 5, 8, 9, 234, etc), or even pictures, sounds and symbols. It is only  when we attach meaning to data that we get information. For example, if you record the  points scored by different players in a basketball match, you have collected data. When  a computer arranges (sorts) this data in descending order, from highest to lowest score,  you can quickly get the following information: The highest score by a player• The lowest  score by a player etc. Even reading this text is a form of data processing. Comparison and contrast
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Ajay_Maheshwari_500_Module_7_Dec2 - Module71...

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