RSM100Y1 Chapter Notes - Chapter 13: World Wide Web, Information Management, Computer Network
Document Summary
Information manager: the manager responsible for the activities needed to generate, analyze, and disseminate information that a company needs to make good decisions. Information management: an internal operation that arranges the firm"s information resources to support business performance and outcomes. Main question mangers face is how to get useful info to the right people at the right time; managers often get too much data (raw facts and figures) than information: information: a meaningful, useful interpretation of data. Information systems (is): an organized method of transforming data into information that can be used for decision making. Managers must determine what info is needed then gather the relevant info then convert the data into info and then make sure that info gets to the right people. Transaction processing systems (tps): applications of information processing for basic day to day business transactions (are all routine business processes)
