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CONCEPT AND NEED FOR INFORMATION:
Information emanates from all human activities and achievements; both individuals and corporate bodies are involved in the creation of information for some purpose or the other. Research and Development activities, for instance, generate new information which, in turn, is used as a basis for bringing forth more information. Some organisations are entrusted with the task of collecting and organising statistical information through census and surveys. A state with its organs of executive, legislature; judiciary, business and industry generates vast amount of information and contributes substantially to its growth. We shall also study in this Unit why information gets generated at all. This is explained by taking typical examples of information needs of a wide cross-section of people; viz., students, teachers, medical and legal practitioners, engineers, technologists, business managers, industrialists, government officials, legislators, research workers, and other specialist groups.
Your Responsible Officer has heard that materials will often be bought more cheaply at auction or tender than from wholesalers. He has also heard much about invitation to treat and
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INFORMATION SERVICES: In the earlier Unit of this Block (Block 1, Unit 1), you have learnt about the concept and need for information. In this context, it has been emphasised
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contemporary approach
The solid wastes from a summer camp with 100 children and a staff of 25 are to be collected once per week. If bottles and cans (representing 20% of the weight) are removed, paper
Education and Research i) Students need information relating to their academic pursuits. ii) Teachers need information for imparting education students to their student
Factors Driving Contracting In this section let us try to analyse the factors which drive contracting decisions. Here, the buy mode is referred as contracting, subcontracting
‘The overall objective of debt management is to minimise the cost of borrowing to the organisation.' Required: I. Explain factors which need to be taken into account, other t
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