K201_week3

K201_week3 - K201 Week 3 Informational Granularity Refers...

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K201 Week 3
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Informational Granularity Refers to the extent of detail within the  information. Employees must be able to correlate the  different   levels, formats and  granularities of information  when making  decision
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Information Types Individual Department Enterprise
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Information Formats Document Presentation Spreadsheet Database
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Information Granularities Detail (Fine) Summary Aggregate (coarse)
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Transactional Information Encompasses all the information contained  within a single business process or unit of  work and its primary purpose is to support  the performing of daily operational tasks.
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Analytical information Encompasses all organizational  information and its primary purpose is to  support the performing of managerial tasks  includes transactional information along  with other information as market and  industry info. Used when making ad hoc decisions
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Real-time information Means immediate, up-to-date information Real-time systems  provide real-time information  in response to query requests. Stems from organizations’ need to make faster  and effective decisions, keep smaller inventories,  operate more efficiently, and track performance  more carefully. Pitfall: continual change; might slow decision  making
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Characteristics of Quality information Accuracy Completeness Consistency Uniqueness Timelessness
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Costs of poor information Cost time, money, reputations Benefits of Good information Information ensure the basis of decisions is  accurate
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Databases Hierarchical database model: information is  organized into a tree like structure that  allows repeating info using parent/child  relationships, in such a way that it cannot  have too many relationships One parent, many children. Cannot be used to relate structures that 
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This note was uploaded on 04/07/2008 for the course BUS K201 taught by Professor Johnson during the Spring '08 term at Indiana.

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K201_week3 - K201 Week 3 Informational Granularity Refers...

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