Top Posters
Since Sunday
g
2
New Topic  
goji.go goji.go
wrote...
Posts: 5977
12 years ago
Data and information are two terms that are often used interchangeably in business settings. Describe the differences between the two terms and provide an example to illustrate the business uses of data and information.
Read 371 times
3 Replies
Diesel
Replies
bbb
wrote...
12 years ago
1) Data are the representations of a fact or idea. They may be a number, a word, an image, or a sound. Information is data that have been organized or arranged in a way that make them useful.
2) Getting information from raw data is critical to the success of many business enterprises. Businesses try to use all the resources at their disposal to gather raw data. For example, media, credit bureaus, and information brokers often purchase data made public in court proceedings.
3) These data are processed into useful information for that business or later resold to other companies. For example, a health club may request a list of recently divorced women from family court. The health club's plan is to process that raw data into a mailing list of a specific target audience for its membership services.
Answer accepted by topic starter
goji.go Authorgoji.go
wrote...
Top Poster
Posts: 5977
12 years ago
Sign in or Sign up in seconds to unlock everything for free
1
Diesel

Related Topics

bbb
wrote...
12 years ago
Let me know if you need more help with your business homework.
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1525 People Browsing
Related Images
  
 10631
  
 960
  
 416
Your Opinion
Which of the following is the best resource to supplement your studies:
Votes: 388

Previous poll results: What's your favorite math subject?