Thursday, June 19, 2008

(IRM) QUESTION #2

*How can the managers & employees make use of information as a strategic/competitive advantages over their competitors.

Answer: The managers and employees can make use of information as a strategic/competitive advantges for them to have positive output of their products or service and can compet globaly through informations that they have.

Information Resource Management

Information Resource Management
- is a concept advocating that information is valuable resource and should be managed accordingly, just like money, materials & people.

Management Information System

Management Information System
-Commonly used in the business environment as ageneric reference to all technologies procedures, system, people associated with computers & information processing.

Thursday, June 12, 2008