What is Information ?

Information  can be defined as data that has been processed into a form that is meaningful to the recipient and is of real or perceived value in current of prospective decisions. orInformation refers to an input of data processing which is organized and meaningful to the person who receives it.In general, the planning information requirements of executives can be categorized into three broad categories. Which are as follows: Environmental Information Competitive Information Internal Information Environmental InformationGovernment Policies: Information about concessions, benefits, government policies in respect of tax concessions of for any other aspect, which may be useful to an organization in the future period.Factors of Production: Information related with...

Read more »

What is Information Technology?

Definitions of Information technology (IT)It is a branch of engineering dealing with the use of computers and telecommunications equipment to store, retrieve, transmit and manipulate data. The term is commonly used as a synonym for computers and computer networks, but it also encompasses other information distribution technologies such as television and telephones.Information is s vital resource in development activities of any society. All our economic and social progress depends very significantly in the transfer of commercial, scientific and technical information. People in different situations require information on a subject in different forms and with different emphasis.Information is obtained through processing of data. The storage, retrieval and processing of data become...

Read more »