Value-added information services, Other Management

Assignment Help:

VALUE-ADDED INFORMATION SERVICES '

Value-added' is a term now widely and increasingly used in the context of information systems and services. It is however a highly nebulous term with several different connotations. Nevertheless, the processes, functions, attributes and components of information services which are denoted as 'value-added', are highly important for making the ' services highly useful to the users.  

It may be mentioned that the 'value-added' terminology has been in use to describe information service operations, since 1980. It appears that the term has been borrowed from accountancy. Cronin and Gudim (1986) made an interesting comment on the specific nature of value added processes within information services: "...there is no inherent value in a quantum of information, but that information has potential worth. Value-added processes are those which can signal the potential or can relate the potential to the needs of a specific environment." 

In general, most descriptions of 'value-added' information services do roughly follow this approach in trying to relate value-added directly to user need. Generally, there seems to be an acceptance that value-added services are those which are somewhat different from the run-of-the-mill routine offerings; and that there is something special about them.  


Related Discussions:- Value-added information services

Describe hub management process, Question 1 Explain the different methods ...

Question 1 Explain the different methods of internal and external communication Question 2 Explain the three stages of a pickup process Question 3 Explain the diff

International Business, The world economy has become more global as nation ...

The world economy has become more global as nation states have become more tightly integrated. The potential business opportunities have increased commensurately.

Sample and sampling, Sample and Sampling  The  sample represents  the popu...

Sample and Sampling  The  sample represents  the population of  those critical characteristics you  plan to  study. In other words,  if the  sample  is representative of  th'e pop

Financial management, how would you judge the potential profit of Bajaj Ele...

how would you judge the potential profit of Bajaj Electronics on the first year of sales to Booth Plastics and give your views to increase the profit

Sewing materials - binding materials, Sewing Materials - binding materials:...

Sewing Materials - binding materials: Thread: Sewing is the central operation in binding. The life of binding depends very much on the kind of sewing and the material used f

Identify main characteristics of a successful event, Question : (a) Des...

Question : (a) Describe what you understand by the term ‘events'? Identify the main types and categories of events supporting your answer with examples. (b) (i) Identify

How is the cost of fca best defensible to the public, Q. How is the cost of...

Q. How is the cost of FCA best defensible to the public? FCA is not a fixed product it is an approach, it is potential to tailor a cost-effective FCA system to meet the require

MPOB, MODEN MANAGEMENT AND BIHAVIOUR

MODEN MANAGEMENT AND BIHAVIOUR

Sheaf or loose-leaf form, Sheaf or Loose-Leaf Form: Sheaf form of libr...

Sheaf or Loose-Leaf Form: Sheaf form of library catalogue is also referred to as loose-leaf form. A sheaf form of catalogue is one in which slips of paper are put into a loose

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