Storing information is the process where information is deposited or stored in a storehouse (cabinets, HDD, memory stick, etc) and retrieving information is the process of obtaining the stored information resources relevant to the needs.
The main purpose of storing any information is for easy retrieval in the future when it is required. It is also part of a company’s business practice. Storing documents have to be done in proper procedure so that it is easier to find. Depending on the type of information, information can be stored in either fireproof cabinets for hard copies or hard disks or other electronic storage devices for soft copies.
Depending on the nature of the company or organisation or business, different types of information
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Information will also be retrieved in situations where information might have to be shared with partner companies and with the police or Inland Revenue.
Storage and retrieval of data plays a major role in improving the performance of a company and this can happen either offline or online and in various formats.
1.2. Describe different information systems and their main features
Information systems are the collection of hardware and software network, data and procedures that people and organisations use for the information storage and retrieval procedure. It looks after collection of data, creating data, processing data, distributing data and retrieving data. It helps improve efficiency and effectiveness of an organisation.
The earlier information system had only three types.
• Transaction Processing System – This system is responsible for processing day to day business transactions. The types of transactions vary from organisation to organisation. It helps with maintaining, adding, changing and removing data. Some examples are placing order, billing, cheque deposits, payroll systems, reservation systems, stock control etc. This system is used by frontline staff.
• Management Information System – This system helps with carrying out the tasks required for problem solving and decision making. These are management level systems and help with the smooth running of the organisation. It helps with generating reports necessary for running and
Also information systems assist with making decisions and business processes by formulating strategic plans and make decisions for the organisation longevity and prosperity. Additionally information systems add controls to employee processes, ensuring
Information systems interact with the organizations and influences the organization in many aspects of the whole organizational structure to the daily behavior. Information systems can enable strategies in four aspects including low-cost leadership, product differentiation, focus on market value and strengthen customer and supplier intimacy.
MANUAL INFORMATION STORAGE SYSTEMS – These are systems which do not use any computerised device. All data would usually be kept on paper in a manual filing system. The most common type of file used is a brown manila folder which would contain all documents fastened inside. Other types would be ring binders, lever-arc files and computer printouts which have been bound.
Managing information as an asset, also known as document and records management or content management is information that companies must protect. The information can be in the form of audio or video tapes, images, documents, hard drives, reports or individual knowledge known as tacit knowledge in the business industry. The value of the information and not the company infrastructure is where the greatest opportunity presents itself. Companies must focus their efforts on increased efficiency to manage all areas of information as company assets. Through management of information as an asset, companies can allow the appropriate access to qualified or
This process reduced not just customer’s satisfaction but also profit; there is a need for a financial information management to integrate all their business processes. SAP (System Applications Program) was introduced to the company to ensure efficient communication among the different modules of the business process.
Information will also be retrieved in situations where information might have to be shared with partner companies and with the police or Tax Services.
The different information systems are filing cabinets where hard copies are stores or electronically which can be saved changes can
Storing information is essential for many reasons; these include easy access and changing readability for all reading levels, the level of detail you are able to store, the choice to have various copies of the information in case of loss and ease of transfer.
Information system is a combination of hardware, software, infrastructure as well trained personnel who organized and facilitate planning, control, coordination and decision making within an organization. Information systems are also able to implement a vital integrated set of components for collecting, storing, and processing data. With this, it provided organizations with the necessary information, knowledge, and digital products needed. Information system bring the meaning of business applications that manage their operations, compete in the market place, manage accounts and human resources. This system have a vast variety of components that are crucial for a enterprise, business to function at his highest level, IT software is responsible that all system are reliable and up to date.
intention of being held on a computer system, database or relevant filing system. Data in something
3. Management information systems - used to collect qualitative as well as quantitative information for decision making within organizations
The main purpose of storing information is for easy retrieval in the future when it is required. Storing certain information may be part of company policy. There will be procedures in place in order to make sure files are stored correctly and in line with data protection. Depending on the type of information, information can be stored in either filing cabinets or electronically. Depending on the nature of the business, different types of information will have to be stored, for example a legal practice needs information such as court
The main purpose of storing any information is for easy retrieval in the future when it is required. It is also part of a company’s business practice. Storing documents have to be done in proper procedure so that it is easier to find. Depending on the type of information, information can be stored in either fireproof cabinets for hard copies or hard disks or other electronic storage devices for soft copies.
Some of the benefits of electronically storing are that you can store vast amounts of information in a very small space, you can reproduce and disseminate this information at great speed, documents are easy to modify. Documents can also be searched for easily, and it is hard for the documents to go missing.
An information system is any combination of information technology or support people’s activities that support