Value-added information services, Other Management

VALUE-ADDED INFORMATION SERVICES '

Value-added' is a term now widely and increasingly used in the context of information systems and services. It is however a highly nebulous term with several different connotations. Nevertheless, the processes, functions, attributes and components of information services which are denoted as 'value-added', are highly important for making the ' services highly useful to the users.  

It may be mentioned that the 'value-added' terminology has been in use to describe information service operations, since 1980. It appears that the term has been borrowed from accountancy. Cronin and Gudim (1986) made an interesting comment on the specific nature of value added processes within information services: "...there is no inherent value in a quantum of information, but that information has potential worth. Value-added processes are those which can signal the potential or can relate the potential to the needs of a specific environment." 

In general, most descriptions of 'value-added' information services do roughly follow this approach in trying to relate value-added directly to user need. Generally, there seems to be an acceptance that value-added services are those which are somewhat different from the run-of-the-mill routine offerings; and that there is something special about them.  

Posted Date: 10/23/2012 7:55:24 AM | Location : United States







Related Discussions:- Value-added information services, Assignment Help, Ask Question on Value-added information services, Get Answer, Expert's Help, Value-added information services Discussions

Write discussion on Value-added information services
Your posts are moderated
Related Questions
Convenience Sampling - A convenience sample is a group of  individuals who  are readily available to participate in a study. That is, the choice of the  sample  is  left complete

Functions of Quality Standard Quality standards are the vital part in forming the Quality framework. They outline the elements of a quality. The functions of Quality standards

Question 1 In order to include the cost aspects in the project scheduling, it is very much essential to first define the cost-duration relationships for various activities in the

Question 1 Discuss the various activities carried out by commercial banks these days that are common to clients of both commercial banks and development banks Question 2 What

Question 1 What are the various advisory services offered by EXIM Bank? Question 2 Identify the significance of Post Shipment Finance. Discuss the post shipment finance sc

. Write a note on tracing a closed loop. What are the characteristic features of a closed loop?..

Factors Affecting Materials Handling System  The followings four factors material handling system: Production  System: There  are two  basic  types  of production systems.

Definition of "Volume" : Economy in  the cost of  binding. reduction in the number of undersized volumes difficult to handle, the need for splitting  over thick and composite

How will you influence people to strive willingly for group objectives in your organisation(Target based industry) ? apply your interpersonal influence through communication proces

What are the characteristics of Protozoa?