Organizations process various types of information, including financial data for Budgeting and Forecasting, customer data for market analysis and relationship management, and operational data for efficiency improvements. They also handle employee information for HR management, compliance records for regulatory purposes, and sales data for performance tracking. Additionally, organizations may analyze industry trends and competitive intelligence to inform strategic decisions. Overall, effective information processing is crucial for decision-making and achieving organizational goals.
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What is data that is processed and presented in an organized format?
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The role and the purpose of the accounting function can be identified 'to ensure the business's transactions are recorded and processed completely accurately and securely, and that relevant information is given to management'.
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Information about the organization Work One can be found from many different resources. Some examples of these resources include the official Work One website and the government website IN.
data is raw. It is the collection of facts, figures which in itself do not provide any useful or meaningful context. Data when processed becomes information. it is information and not the data which is useful for managers. For example, age of all personnel working in an organisation is Data, while, average age is information.
This is a tricky question, but computers have to use processed information or they won't work. All of their programs are processed information.
management information systems are systems that record transactions in an organisation and provide management with information to make decisions that affect the whole organisation whereas operation information system is the systems that help with daily running of an organisation.
A statutory organisation is one that has to exist - by law. Examples would be the police services, county and town councils.
It is that department in an organisation that specialises in the collection of information, distributing it to decision makers,processing and storing of information within an organisation
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