MIS 180 Chapter Notes - Chapter 1-5: Chief Technology Officer, Chief Privacy Officer, Chief Security Officer
Document Summary
Fact-confirmation or validation of an event or object. Information age-infinite quantities of facts are widely aviable to anyone who can use a computer. Raw facts that describe the characteristics of an event or object. Order date, amount sold, customer number, quantity ordered. Data converted into a meaningful and useful context. Best selling product, best customer, worst selling product, worst customer. Has value only as people us it. Variable-a data characteristic that stands for a value that changes or varies over time. Manipulating variables can help businesses predict certain outcomes and thus make important decisions. Information collected from multiple sources that analyzes patterns, trends, and relationships for strategic decision making. Lowest sales per week compared with the economic interest rates, best selling product by month compared to sports season and city team wins and losses. The skills, experience, and expertise, coupled with information and intelligence that creates a person"s intellectual resources.