Question: The core drivers of the information age include data, information, business intelligence, and knowledge. Realizing the value o obtaining real - time data from connected
The core drivers of the information age include data, information, business intelligence, and knowledge. Realizing the value o obtaining realtime data from connected "things" will allow you to make more informed decisions, identify new opportunities, analyze customer patterns to predict new behaviors.
This activity is important because to compete in the information age, you need to understand the differences among data, info business intelligence, and knowledge.
Instructions: The items listed below are either definitions or examples of the terms data, information, business intelligence, or knowledge. Select the appropriate category for each item.
Data converted into a meaningful and useful context
The skills, experience, and expertise, coupled with information and intelligence that creates a person's intellectual resou
Raw facts that describe the characteristics of an event or object
Information collected from multiple sources that analyzes patterns, trends, and relationships for strategic decision making
Order date
Choosing not to fire a sales representative who is underperforming knowing that person is experiencing family problems
Worstselling product
Lowest sales per week compared with the economic interest rates
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