answersLogoWhite

0


Best Answer

Information that a business has can help them make money, or it could lead to the business' demise. When a business manages the information, they are protecting their best interests.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Why must a business manage information as a resource?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Management

How does one pursue a career in human resource management?

Human resource management deals with the public and employees in a company. To pursue a degree, you must either study business or communications with a focus in HR.


The types of information that need to be managed in a business?

Information about customers needs to be managed. Additionally information about suppliers and vendors must be protected so that no one knows trade secrets.


What human resource functions must be performed regardless of the organization's size?

what human resource management functions must be perfomed regardles of the organization's size


What is the role played by information systems serving the various levels of management in a business and their relationship to each other?

It is their role to keep the information flowing smoothly. They must also worry about any security risks that may arise.


How can a manager demonstrate that he or she is a responsible end user of information systems Give several examples?

Students' answers will vary, however they must realize that information is a powerful resource that can be used in an inappropriate matter. As a manager or other end user of information, we must insure that we always consider the ethical responsibilities of the use of information. For example, uses of information technology might be used in an improper, irresponsible, or harmful way, which can hurt other individuals or society as a whole. Information systems must be managed to benefit society while meeting the goals of the organization. Irresponsible use would include taking advantage of access to confidential data for personal gain or interest.

Related questions

Why must you as a business owner manage information as a resource?

why businesses must manage information effetively


How do businesses manage political risk internationally?

First the business has to identify the risk, then they must measure the potential impact of the risk. That will give the business what they need to manage international political risk.


To ensure that data is accessible on demand a company must manage and protect its data just as it would any other resource?

Yeah


In what ways all managers are and must be human resource managers?

Yes, this because all managers, if they are to lead their organization successfully, must work with people and manage the employees.


Is human resource management more than a fad Analyze your answer?

Yes, human resource management is more than a fad. In order for businesses to be successful management must understand how to manage their employees and human resources help them do that.


What decisions about production must be made to allocate resources effectively?

Information is the basic resource from which decisions are made.


How do you find information about a word in Hebrew?

A good resource is Morfix. But you must know how to read Hebrew to use it.


Where to Find Business Financing?

After developing an idea for a new business, the first big problem you must solve is how to go about obtaining business financing. The Small Business Administration is an excellent resource for new and existing business owners to find information about government loans and grants as well as providing names and contact information for angel investors. An angel investor is a person who is willing to invest his or her own funds in your business without expectation of repayment. It is often a retired business person who was involved in the same line of work you will be pursuing.


Outline three functions of the entrepreneur?

An Entrepreneur is a self employed business owner and they are responsible for all functions of starting and operating a business. They must know government policy and regulations as they relate to their business, they must develop a marketing plan for their business, and they must manage all areas of the business and its employees.


What must all plants manage?

There are a few things that all plants must manage. Plants must manage water intake and internal temperatures for example.


How does one pursue a career in human resource management?

Human resource management deals with the public and employees in a company. To pursue a degree, you must either study business or communications with a focus in HR.


What are ICT'S?

Ict tools are tools that has an input,output and we must be able to process with it.