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

Budget, Define master budget

Define master budget

Describe the key characteristics of an erp, Question 1: (a) Describe th...

Question 1: (a) Describe the key characteristics of an ERP. (b) If some companies still maintain stand-alone software is good, then why multinational companies are implement

Improve quality to zero defects, The  primary elements of zero inventories ...

The  primary elements of zero inventories synonym to JIT ) are: a. To have only the  required  inventory when  needed. b. To improve  quality to zero  defects. c. To reduc

Describe the term e-procurement, (i) Compare the categories of electronic c...

(i) Compare the categories of electronic commerce and explain how e-commerce is changing consumer retailing and business to business transactions. (ii) Describe the term ‘e-pro

Transactional leadership, Transactional leadership: The transactional ...

Transactional leadership: The transactional leadership is one more category of leadership style at which point the leader accepts certain tasks to perform and provide rewards

Assament.., Question One: (2.5 Marks) Suppose you are a senior manager in...

Question One: (2.5 Marks) Suppose you are a senior manager in a global management consulting company. Which conflict management style do you think is the best and would you adopt

What are the relatively distinct leadership styles, What are the relatively...

What are the relatively distinct leadership styles? The three relatively distinct leadership styles are as illustrated below: 1. Authoritarian: leader makes every decision

Describe any two characteristics of a formal organization, QUESTION (a)...

QUESTION (a) Using suitable instances distinguish between formal and informal organization. (b) Describe any two characteristics of a formal organization. (c) Illustrate

Short-term financing, Discuss the three approaches to the short term financ...

Discuss the three approaches to the short term financing problem, providing relevant examples

Describe theory of maslow, Describe Theory of Maslow Outline the meani...

Describe Theory of Maslow Outline the meaning of Motivation as it applies in the work place.  Give a framework (a map) of the various relevant theories. Individual Componen

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: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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