EBK BUSINESS DRIVEN TECHNOLOGY
7th Edition
ISBN: 8220103675451
Author: BALTZAN
Publisher: YUZU
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Question
Chapter 6, Problem 6RQ
Program Plan Intro
Information:
- These are the processed data that increase the information of the individual using it.
- Data are useless in their present form so it is preprocessed and represent it as the information to the user.
- It is converted into the meaningful form during the processing phase of the information processing cycle.
Value of information:
It is the price a decision maker would be willing to pay for information before making a decision.
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