Is one of an organization's most valuable resources

Information and date are the same thing

Information is different from data

A set of interrelated components that collect manipulate and disseminate data and information and provide feedback to meet an objective

A set of interrelated components that collect manipulate and disseminate data and information and provide feedback to meet an objective

Information system = IS

Information system used in most professions
Like
Sales reps Managers Corporate lawyers

IS is indispensable for achieving career goals

Information system is not indispensable for achieving career goals

Examples for information system ( IS )

Data is

Information is raw facts

Knowledge is raw facts

Data is raw facts

Collection of facts organized in such a way that they have value beyond the facts

Information is a collection of facts

awareness and understanding of a set of information and ways that information can be made useful to support a specific task or reach a decision

Information is an awareness and understanding of a set of information

Knowledge is an awareness and understanding of a set of information

Value of information might be measured in
Time required to make a decision

Value of information might be measured in
Increased profits company