Information Processing Flashcards
What is information?
Information is basic facts or raw data made up of numbers, symbols, and letters.
What are the common forms of information?
Numbers, text, image, and voice
What are transactions?
It is a business deal or agreement, exchange of data, or sale.
Why is managing information important to businesses?
It helps them in decision-making involving their business, well-organized information can meet the need of workers in all areas of the company and can help process their work.
Why is having current and accurate information important?
With e-commerce, it can keep customers updated with the goods they’ve ordered, costs less money, and enables better decision making.
List 3 obstacles in managing information.
Incompatible databases, missing information, and duplication of information.
What is information processing?
It is putting facts or numbers into a meaningful and useful form.
List the 5 activities of information processing.
Input, Processing, Output, Distribution, and Storage.
What is Distribution?
Having information available for people who needs it.
What is information management?
Controlling and the organization of information.