MSOM 302 Lecture Notes - Lecture 6: Relational Database Management System, Data Element, Data Mart
Document Summary
Most of the time, this relates to sales. Employees must be able to obtain and analyze the many different levels, formats, and granularities of organizational information to make decisions. Successfully collecting, compiling, sorting, and analyzing information can provide tremendous insight into how an organization is performing. Transactional information encompasses all of 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 (i. e. airline reservation tickets) Analytical information encompasses all organizational information, and its primary purpose is to support the performing of managerial analysis tasks. Timeliness is an aspect of information that depends on the situation. Real-time system provides real-time information in information response to requests. Business decisions are only good as the quality of the information used to make them. You never want to find yourself using technology to help you make a bad decision faster. Understanding the cost of using low-quality information.