MGC1010 Lecture Notes - Lecture 6: Organizational Learning, Groupthink, Explicit Knowledge

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Information and information systems any quantifiable measured values, observations or statistical. Data o counts that, when collated, become useful for decision-making o crucial to aid decision making o for use in decision making. o. Information systems use information technology to collect, organise and distribute data. Relevance: how key is the information to your organisation s core. Is access to information always helpful in the decision making. How does access to information and other factors impact on the. Volume of data available is huge due to advancements in. The data generated, stored, and mined for insights is crucial to. 5 ways to leverage (get the most out of) big data. Unlocking significant value and efficiencies by making information technology business from an economical perspective. o transparent o inventories, sick days) can expose variability and boost performance o o unearthing insights o. Creation and storage of transactional data (i. e. product. Using data to develop next-gen products and services.

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