Data vs. Information and Data Management

Data are stored in databases, while information is not stored anywhere.

Data and information are the same thing, just different names.

Data are used for decision making, while information is just the building blocks.

Data are raw facts, while information is processed data that is meaningful. (correct)

To store data in databases and retrieve it as needed. (correct)

To use data to make informed decisions.

To generate new data for the organization.

To ensure data is accurate, relevant and timely.

Unprocessed (correct)

Relevant

Timely

Accurate

<p>Information affects the decision making process by providing meaningful, processed data.</p> Signup and view all the answers

<p>Using databases to store and retrieve data as needed.</p> Signup and view all the answers