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

Explain project reviews and risk reassessment briefly, Question 1 Explain ...

Question 1 Explain the various inputs , tools and techniques of qualitative risk analysis process Question 2 The risk mitigation methodology describes the approach to contro

Policies implemented to counteract the informal economy, QUESTION 1 Gov...

QUESTION 1 Governance had gained ground as a result of the failure of the State and how far do you agree? QUESTION 2 It is evident that a high level of informal economi

Inputs to quality assurance process, I nputs to quality assurance process ...

I nputs to quality assurance process The inputs to quality assurance are: P roject management plan: This contains quality management plan which describes how quality

Satisfaction level - efficiency of document delivery service, Satisfaction ...

Satisfaction Level: Ideally, DDS should target at satisfying all the requests it receives for the supply of the documents. However, in practice this target is not achievable e

Explain the captive market, Question 1: Over the past years, the accom...

Question 1: Over the past years, the accommodation industry in general has had to move away from a captive market, diversify its range of products and services in order

Value of information services , VALUE OF INFORMATION SERVICES: At the ...

VALUE OF INFORMATION SERVICES: At the outset, it must be emphasised that there is no consensus of opinion among information scientists and professionals regarding the "concept

Categories of information in social sciences, Categories of Information in ...

Categories of Information in Social Sciences  It would be useful, particularly in social sciences, to group information into three categories:  •  Statistical Information

Businesses are exposed to scrutiny and criticisms, QUESTION 1 Why is it...

QUESTION 1 Why is it that businesses are increasingly exposed to scrutiny and criticisms? How can they cope with these? QUESTION 2 What are the implications for corpora

Classification scheme - technical processing, Classification Scheme: A...

Classification Scheme: A scheme of classification is but a tool in the hands of the library to organise subjects and to serve them out in an efficient way. Therefore, it is ne

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