General observations - information generation process, Other Management


Large scale use of information in all countries by a wide cross section of people has resulted in the coming of terms like 'information age and information society', which signify the pervasive nature of information in modern society. Information today is regarded as a valuable resource which helps in transforming nutural resources of a country into finished products. The availability of information and facilities to store and exploit it gives a country economic, technological as well as political advantages over other countries. The political power of a few big nations is derived from information. Information has, thus, an economic value and is a tradable commodity, which gets produced sold and consumed, involving increasingly a large number of people. Information handling in this sense is an industry (information industry). Futurologists say that we are entering an era in which trade will consist largely of information exchange. Even when, trade involves commodities other than information, like raw materials, intermediate and finished products or services, it will be dependent on information exchange systems.  

Posted Date: 10/23/2012 7:45:34 AM | Location : United States

Related Discussions:- General observations - information generation process, Assignment Help, Ask Question on General observations - information generation process, Get Answer, Expert's Help, General observations - information generation process Discussions

Write discussion on General observations - information generation process
Your posts are moderated
Related Questions
QUESTION (i) State and explain fully the Capital Asset Pricing Model (CAPM) (ii) An asset X has an expected return of 20%. The risk free rate is 6%. Find the expected return

Steps for force account  Now that we are aware of the requirements for force account contracting, let us understand the steps involved in force account contracting:  1.  Est

CD-ROM Networks CD-ROM has become an important medium for the storage and dissemination of information. Many information products are now available on CD-ROM. CD-ROMs represen

Acquisition of NBM: Once it is decided that NBM will form a part of the collection of the library, efforts should be made by the librarian to make a planned selection of NBM t

RESEARCH TOOLS: Questionnaire and interviews are probably the most  frequently used  data collection methods  in  rlursing research. Observation  is also an  important method

REQUIREMENTS FOR THE ORGANISATION OF RESOURCE SHARING LIBRARY NETWORKS One of the significant aspects that needs attention is that in a resource sharing network, each particip

Selection of Sources: A good approach to literature search is looking up a bibliography, an encyclopaedia or a review publication. This provides background information as also

Question: When implementing a change in the organisation, managers may find employees resisting to the change. (a) Discuss the important sources of resistance to change as

QUESTION (a) Describe five driving forces that have contributed to the growing popularity of Corporate Social Responsibility during the last few years. (b) According to Arch