ITM 100 Chapter Notes - Chapter 7: Item Number, Call Centre, Unique Key

• School: Ryerson University
• Department: Information Technology Management
• Course: ITM 100
• Professor: Claude Sam- Foh

Document Summary

Data: raw facts that describe the characteristics of an event. *item number, item description, quantity ordered, customer name, shipping details. Information: data converted into a meaningful and useful context. *best-selling item, worst-selling item, best customer, or worst customer. The ability to understand, digest, analyze, and filter data and information is key to success for any professional in any industry. Characteristics to help determine the value of data and. Encompasses all of the data contained within a single business process or unit or work. Primary purpose is to support performing daily operational tasks. Organizations capture and store transactional data in databases, and they use it when performing operational tasks and repetitive decisions, such as analyzing daily sales figures and production schedules to determine how much inventory to carry: analytical data. Primary purpose is to support the performance of higher-level analysis tasks.