GE Elective 1.1 Flashcards
refers to raw, unporcessed facts or figures. It can be numbers, symbols, characters, or any unorganized representation of facts.
Data
Characteristics of Data (3)
-Raw and unrefined
-Lacks context or meaning on its own
-can be quantitative (e.g., numbers) or qualitative (e.g., descriptions)
is a processed data that has been organized, structured, or interpreted to make it meaningful and useful.
Information
Characteristics of Information: (3)
-contextualized and relevant
-provides answers to who, what, where, and when
-used for decision-making and problem-solving
Types of Data (3)
- Structured Data
- Unstructured Data
- Semi-structured Data
organized and formatted in a way that is easily searchable and analyzable.
Structured Data
Characteristics:
- stored in databases or spreadsheets
- follows a predefined model (e.g., rows and columns)
Structured Data
data that lacks a predefined format or organization.
Unstructured Data
Characteristics:
- difficult to analyze using traditional methods
- includes text, images, videos, and audio
Unstructured Data
3.data that is not fully organized but contains tags or markers to separate elements.
Semi-structured Data
Characteristics:
- combines features of structured and unstructured data
- often stored in JSON or XML formats
Semi-structured Data
5 Uses of Data and Information
- Decision-Making
- Problem-solving
- Strategic Planning
- Operational Efficiency
- Innovation
help individuals and organizations make informed decisions.
Decision-making
provides insights to identify and resolve issues.
Problem-solving
data-driven insights guide long-term strategies and goals.
Strategic Planning
data helps optimize processes and reduce costs.
Operational Efficiency
information fuels creativity and the development of new products or services.
Innovation
3 Types of Information
- Operational Information
- Tactical Information
- Strategic Information
information used for day-to-day operations and activities.
Operational Information
Characteristics:
- short-term focus
- datailed and specific
Operational Information
information used for short-term planning and decision making.
Tactical Information
Characteristics:
- focuses on achieving specific goals
- summarizes operational data
Tactical Information
Information used for long-term planning and decision-making.
Strategic Information
Characteristics:
- broad and forward-looking
- focuses on overall organizational goals
Strategic Information
