Impact Of Information On The Transport Sector Of Bangladesh Essay

Also information systems assist with making decisions and business processes by formulating strategic plans and make decisions for the organisation longevity and prosperity. Additionally information systems add controls to employee processes, ensuring

Data management is vital to any business as this is a key tool to an organisations business improvement, as you can refer back to data, and compare them against benchmarks. Analysing data can provide evidence for possible future structure such as identify trends, as well as indicate where improvements can be made. However there are strict procedures to be followed when collecting and storing data.

Data is defined as useful raw material which is intended to be useful for both the originator and for the intended receiver. Data consists largely of facts and figures ideal for communicating the intended meaning. This data can be interpreted and can be categorised as follows;

Information Management has to do with capturing information, efficient planning, organizing and evaluating the information to interpret for an organization to make well informed decisions. (Hinton, 2006) The main reason organizations depend on information is to improve its overall management in

Information systems interact with the organizations and influences the organization in many aspects of the whole organizational structure to the daily behavior. Information systems can enable strategies in four aspects including low-cost leadership, product differentiation, focus on market value and strengthen customer and supplier intimacy.

Riodran Manufacturing, Incorporated produces plastics and has a few diverse areas all around the United States including: Michigan, which has practical experience in custom plastic parts, Georgia makes plastic refreshment compartments and California which is the head of innovative work, and in addition a joint venture of China which fabricates plastic fan parts. Every area has obtained their budgetary and bookkeeping systems and all information into their own particular systems is sent to the corporate station in San Jose, California. They give the data to corporate to be joined together into corporates data systems. This data is given to the San Jose area either by hardcopy reports that must be re-entered or information records that must be changed over to become compatible with San Jose's data systems.

Information: It is interpreted data which has been given meaning. It answers questions such as “who”, “what” and “where”. It is data which is organized and structured.

importer and exporter of raw materials and per assembled parts from their vast group of certified

The aim of this report is to look at information based decision making to help identify and select sources of information, analyse and present information to support decision making and communicate the results of information analysis and decisions. I will look at the key models and

1.7 Define the terms data and information. Explain how the two terms differ. - Data are facts and figures. Information is defined as knowledge derived from data, or as data presented in a meaningful context. Data is simply recorded in the database, but the data must be manipulated in some way to produce information.

            An Information System can be defined technically as a set of interrelated components that collect or retrieve, process, store and distribute information to support decision making and control in an organization. A system which

In spite of being an import substitution oriented unit. BPCL competes with renowned international manufacturing and secure Prestigious orders from the counts core sector industrials. Almost all the national project in the areas of oil exploration and exploration. Refineries petrochemicals and Fertilizers process industries, thermal hydro and nuclear power plant have BPC’s product which are functioning to the total satisfaction of the total satisfaction of the customers. The confidence reposed on BPCL by customer select in terms of steady and continuous ion order position as well as receipt of high value order to manufacturing and supply the high tech product like cementing units. Sucker Rod Pumping units and Nuclear Pumps besides Mud pimps for deep deling oil rigs and compressors etc.

This Industry provides huge employment opportunities to artisans that include women and people belonging to backward and weaker society. This is one of the major source of income there.

Information system is a combination of hardware, software, infrastructure as well trained personnel who organized and facilitate planning, control, coordination and decision making within an organization. Information systems are also able to implement a vital integrated set of components for collecting, storing, and processing data. With this, it provided organizations with the necessary information, knowledge, and digital products needed. Information system bring the meaning of business applications that manage their operations, compete in the market place, manage accounts and human resources. This system have a vast variety of components that are crucial for a enterprise, business to function at his highest level, IT software is responsible that all system are reliable and up to date.

An information system is a base in today’s business world. Everything is electronic. In various businesses, the survival and ability to succeed strategic business goals is challenging without extensive use of information system. Businesses improve the efficiency of their operations in order to accomplish higher profitablity. Besides that, information systems are important tools available to managers for achieving higher levels of efficiency and productiviy in business operations. For an example, Zara uses the PDA technology to gather customer feedback and input.