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mis exam notes.docx - Subject: Mis 2021 Mid Term Paper...

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Subject: MisMid Term Paper2021Teacher: Sir Zunnurain HussainStudent: Usman AhmadClass: MSc Accounting & FinanceQuestion: Define source of information andits types.Need for informationInformation is required in day-to-day decision making. Without the availability of right quantityof information at the right time, the process of decision making is highly affected. For thisreason, various sources of information are used to extract information. Some of these are:o Newspaperso Interneto Marketing Brochureso Friends & Relatives1.2 Sources of InformationSources of information are generally categorized as primary, secondary or tertiary depending ontheir originality and their proximity to the source or origin. For example, initially, findings mightbe communicated informally by email and then presented at meetings before being formallypublished as a primary source. Once published, they will then be indexed in a bibliographicdatabase, and repackaged and commented upon by others in secondary sources.The designations of primary, secondary and tertiary differ between disciplines or subjects,particularly between what can generally be defined as the sciences and the humanities. Forexample,• The historian’s primary sources are the poems, stories, and films of the era under study.• The research scientist's primary sources are the results of laboratory tests and the medicalrecords of patients treated with the drug.Written information can be divided into several types.• Primary Sources• Secondary Sources1
• Tertiary Sources1.3 Primary SourcesSome definitions of primary sources:1. Primary sources are original materials on which other research is based2. They are usually the first formal appearance of results in the print or electronic literature (forexample, the first publication of the results of scientific investigations is a primary source.)3. They present information in its original form, neither interpreted nor condensed norevaluated by other writers.4. They are from the time period (for example, something written close to when the eventactually occurred.5. Primary sources present original thinking and report on discoveries or share new information.Some examples of primary sources:1. Scientific journal articles reporting experimental research results2. Proceedings of Meetings, Conferences.3. Technical reports4. Dissertations or theses (may also be secondary)5. Patents6. Sets of data, such as census statistics7. Works of literature (such as poems and fiction)8. Diaries9. Autobiographies10. Interviews, surveys and fieldwork11. Letters and correspondence12. Speeches13. Newspaper articles (may also be secondary)14. Government documents15. Photographs and works of art16. Original documents (such as birth certificate or trial transcripts)17. Internet communications on email, and newsgroups1.4 Secondary SourcesSecondary sources are less easily defined than primary sources. What some define as asecondary source,others define as a tertiary source. Nor is it always easy to distinguish primary from secondary

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