Page 12 - BA2 Integrated Workbook - Student 2017

Chapter 1

Management information

You can see that the key to successful business is good decision-
making and the key to good decision-making is good, relevant
information.

2.1 Data and information

Thanks to technological advances, the operations of organisations generate a huge
quantity of data. Data consist of raw facts and statistics before they have been
processed. Once data have been processed into a useful form, it can be called
information.
Processing

DATA INFORMATION

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