ACCG250 Study Guide - Final Guide: Business Process Management, Database Administrator, Data Mining
25 Nov 2018
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Document Summary
Most industries have been disrupted due to technology in one of 2 ways: New companies used software to achieve a competitive advantage. Collects, processes, stores, analyses and disseminates information for a specific purpose. Any computer-based tool that people use to work with information and to support the information-processing needs of an organisation. Reason 1: benefits of becoming and informed user. It offers career opportunities for people who design/build is, people who use is and people who manage is. Reason 3: it/information can offer a competitive advantage. It can change help change business processes, provide a competitive advantage and develop new businesses. Knowledge: raw (unstructured) facts and, data organised so that they have figures relating to or describing an event. Increasingly captured as new it emerges: managed by data-mining tech meaning and add value to the recipient (data presented in a meaningful context, useful in decision-making, prepared from application of.
