User Account

All Pages

CASE STUDY, Business Management

Assignment Help:
It goes by many terms - information overload, analysis paralysis, data dumping, and so on. You know what we''re talking about. It is indeed greater to live in the information age with a plethora of digital technologies at your fingertips giving you access almost instantly to massive amounts information. But is all of that information really useful? Do you find yourself spending hours on end searching through that vast amount of information to find exactly what you need? Are search engines really good at helping you quickly locate the exact information you need?

Those are very important questions in the business world. Time is money, and time spent looking for the right information is wasted time and therefore an increased cost which results in a decrease in profits. An Accenture study of 1,009 managers at U.S. and U.K. companies with annual revenues exceeding $ 500 million in revenues revealed the following starting facts:

IT managers spend 30 percent of their time trying to find information relevant to their jobs.
42 percent say they are bombarded by too much information.
44 percent complain that other departments don''t share data.
39 percent can''t figure out which information is current.
38 percent often receive duplicate data.
21 percent don''t understand the value of the information once they receive it.
84 percent say they store information on hard drives or e-mail and don''t share data that might be relevant to others.
Only 16 percent state that they use collaborative tools, essentials tools for sharing information.
Information is a critical and valuable resource to any organization. It can easily be shared and used by many people, unlike other resources such as money. Knowing the right information about your competitors, your own internal operations, and your customers can yield a significant competitive advantage in the marketplace.

From a personal point of view, having the right information is essential as well. It will help you pick the right classes to take and when. It can make you more efficient and effective in writing term papers. It can help you with your taxes, plan your retirement, and determine which car best fits within your budget and meets your needs.

Questions:

1. Critically evaluate the bulleted list of information-related items in this case study. How are each contradictory to the notion of being an information-literate knowledge worker?

4. Is it ethical for people in an organization to withhold information and not share it with other employees? Under what circumstances would it be acceptable not to share certain types of information with other employees? What can organizations do to encourage their employees to share information?

5. What about your personal life at your school? How easy is it to find the following information on your school''s Web site?

The course description for the classes you are currently taking.
A list of classes you need to take to complete your degree.
The requirements you must meet to qualify for various types of government-supported loan programs.
The process you go through to apply for graduation.

Related Discussions:- CASE STUDY

Plant layout - product oriented vs. process oriented, Plant Layout: Product...

Plant Layout: Product Oriented Vs. Process Oriented The argument is never going to end and we don't claim either to solve the issue. The simplest explanation to choice of layou

Human resources management , Performance management is a means of getting b...

Performance management is a means of getting better results from the organization, team and individuals. Discuss this statement highlighting the importance of performance appraisal

Management, should video game companies continue to alter their products to...

should video game companies continue to alter their products to include other functions such as EMAIL?

How is sales forecasting affected in marketing management, How is sales for...

How is sales forecasting affected in marketing management? Sales Forecasting: Forecasting is fundamentally the art of anticipating that buyers are probable to do under a

ABC liometed, 2. What, in your opinion, could be the reasons for different ...

2. What, in your opinion, could be the reasons for different managerial thoughts in this case?

Stakeholders, ABC Ltd.  wants to communicate about its corporate image to a...

ABC Ltd.  wants to communicate about its corporate image to all its stakeholders and also to the general public. As an advisor, how do you recommend them to do it.

When is flow control of new products necessary to capture, When is the flow...

When is the flow control of new products necessary to capture the market in certain products? When the company has to survive and grow into a competitive environment this has t

How guest model is applied in this world''s HRM.., HOW GUEST MODEL IS APPLI...

HOW GUEST MODEL IS APPLIED IN THIS MODERN WORLD HRM

How can you improve your listening skills, QUESTION We spend a major po...

QUESTION We spend a major portion of our time either transmitting or receiving information. Research has shown that we spend 45% of all our communicating time listening. Since

Feasibility of solar power plant, Solar Power Plant: Nowadays, renewab...

Solar Power Plant: Nowadays, renewable energy sector is growing rapidly as demand of the renewable energy services are increasing rapidly that refers the growth in this sector

Write Your Message!

Captcha
Order Assignment

Featured Services

Order Now

Popular Subjects

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd