Describe importance of information to top management, Other Management

Assignment Help:

Question 1:

(a). Outline the major elements which make up the

i) Macro (External) environment.
ii) Micro (Internal) environment.

(b). Discuss five methods that can be used to help organisations adapt to their environment.

Question 2:

Collecting and managing information is increasingly vital from small businesses to multinational organisations.

(i). By using examples in the context of a chosen organisation, differentiate between data and information.

(ii). Describe three importance of information to top management.

(iii). Elaborate on five points relating to the value of information within organisations.

iv). Managers depend much on information in order to make good decisions. Describe five criteria related to information that managers should consider for their proper decision making and planning processes.


Related Discussions:- Describe importance of information to top management

Inside and across boundaries - communities of practice, Inside and Across B...

Inside and Across Boundaries The Communities of Practice might exist within a business unit or stretch across the divisional boundaries and most of them cross the boundaries be

Explain what the term preventive legal management address, Question 1: ...

Question 1: (a) Explain what the term "preventive legal management" addresses. (b) Describe any 5 stakeholders that have a legal relationship within the hospitality indust

MANAGEMENT DECISION SCIENCE, INDIVIDUAL ASSIGNMENT BDS2874 – MANAGEMENT ...

INDIVIDUAL ASSIGNMENT BDS2874 – MANAGEMENT DECISION SCIENCE INSTRUCTIONS TO STUDENT 1. This Assignment is an Individual Assignment and consists of 7 pages including c

Direct ordering with publishers and standing vendor method, Direct Ordering...

Direct Ordering with Publishers: Due to the inefficiency of local booksellers,  many a library has resorted to the practice of directly ordering with publishers or their local

Reasons for mergers and acquisitons, There are numerous reasons for a compa...

There are numerous reasons for a company to peruse M and A. Some of them are listed below: The M and A are undertaken to achieve specific financial, business and strategic

Definitions - information centres and databases, INFORMATION CENTRES  AND ...

INFORMATION CENTRES  AND DATABASES:   A, organisation selects, acquires, stores, organises a--retrieves specific documents to meet users' requirements, (ii) announces, abstr

Explain the concept of benchmarking, QUESTION 1 You are required to ...

QUESTION 1 You are required to (i) explain the concept of benchmarking (ii) identify and write short notes on the step involved in a benchmarking exercise QUESTION 2

Reliability - characteristics of research tools, Reliability: Refers  ...

Reliability: Refers  to  the accuracy  and consistency  of a measuring tool. A measure is reliable when  an  individual remains nearly  the  same  in repeated measurements. Re

Discuss why systems are vulnerable, Question 1 Explain the role of informa...

Question 1 Explain the role of information in decision making Question 2 Explain how businesses can gain competitive advantage from managing information Question 3 Expla

Write Your Message!

Captcha
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!

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