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

Cutting area capacity - glass company, Cutting Area Capacity - Glass Compan...

Cutting Area Capacity - Glass Company What if cutting area capacity is increased? ince this process starts the whole production process it makes one think what if i start

What are the main modes of speech delivery, QUESTION 1 (a) What difficu...

QUESTION 1 (a) What difficulties can be encountered in interpreting nonverbal communication? (b) What are the various nonverbal codes characterising nonverbal communication?

Distinguish between leadership and management, Question 1: (a) Define "...

Question 1: (a) Define "Leadership". (b) B. Distinguish between leadership and management. (c) Describe Fiedler's Contingency Theory of Leadership. Discuss the Trait & Be

Types of entrepreneur on basis of personality traits, What are the types of...

What are the types of Entrepreneur on the basis of Personality Traits? Classifications onto the basis of Personality Traits as well as their style of running the business are a

The skills managers need to carry out the various functions, QUESTION M...

QUESTION Managing is guiding human and physical resources into dynamic organisational units which attain their objectives to the satisfaction of those served and with a high de

The two-tier and three-tier web client-server architectures, QUESTION (...

QUESTION (a) Compare the two- and three-tier Web client-server architectures, and indicate the role of each tier in each architecture. Which architecture is the most likely can

Short-term finance, discuss three approaches to the short-term finance prob...

discuss three approaches to the short-term finance problem and provide relevant examples for each

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

Workforce diversity and organisational excellence, In today's fast-paced wo...

In today's fast-paced work environment a successful organisation is one where diversity is the norm and not the exception. It is the approach to diversity, not the diversity itself

Fog index, Select an article of around 200 words from any business publicat...

Select an article of around 200 words from any business publication. Analyze the readability of the article using the "Fog Index". Is the reading level appropriate for the reader o

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