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ISM Presentation

This document discusses different types of information. It defines information as processed data that helps management with planning, controlling, and operations. Information can be classified based on its nature as structured, unstructured, external, or internal. It also discusses the different sources of information such as observations, documents, and organizations. Additionally, it categorizes information based on management hierarchy as strategic, tactical, or operational and provides examples of each type.

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50 views16 pages

ISM Presentation

This document discusses different types of information. It defines information as processed data that helps management with planning, controlling, and operations. Information can be classified based on its nature as structured, unstructured, external, or internal. It also discusses the different sources of information such as observations, documents, and organizations. Additionally, it categorizes information based on management hierarchy as strategic, tactical, or operational and provides examples of each type.

Uploaded by

Sammeer
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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ISM

PRESENTATION

Amandeep Nagpal 00317788819


Abhishek Gupta 01517788819
Nitin Khetarpal 02117788819
Kartik Aggarwal 35217788819
Kevin Dhawan 35517788819
What is Information?

Information in MIS means the processed data that helps the management in planning , controlling and operations.
Data means all facts arising out of the operations of concern . Data is processed i.e. recorded , summarised ,
compared and finally presented to the management in the form of MIS report.

 Structured
 Unstructured
 External
 Internal
What is Source?

Source means the origin of something


The source is the text or other work that provides the information that is being
used.
Information Sources

An Information Source is a source of information for somebody, i.e.. anything that


might informs a person about something on provide knowledge to somebody.
Information sources may be observations, people speeches, documents, pictures,
organizations etc.
Types Of Information
Information can be classified from two perspectives
• On the basis of nature of Information
• On the basis of management hierarchy

Action and Non- Recurring and Non-


Action Recurring
On Basis of nature of
Information
Internal and External
The information which induces action is called an
action information. .

For Example:- when the attendance of the student for a


particular subject suddenly falls down 40% calls for
immediate action
Action and Non-
Action Information Non-Action Information which is communicates only
the status of a situation is a no action information..

for Example:- While watching the live cricket match you


understand that India's Current Run rate is 4 per over
whereas its required run rate is 7 Per over. you have this
information but this is non-action information
Recurring and Non Recurring
Information
Recurring vs. non recurring information: The information that is
generated in regular intervals is called recurring information,
whereas non-repetitive in nature is called non-recurring
information.
Internal and External Information

Internal vs. external information: all information that produced


from internal sources of any organization is called internal
information, though all information that produced from external
sources of any organization is called external information.
INTERNAL INFORMATION

Human
Sales Reports Financial Documents Resource Policies
Information
EXTERNAL INFORMATION

Technological
Govt. Policies Firm Demand Competition Information
Environment
On the basis of Management Hierarchy, information can be classified as

Strategic Tactical Operational


Information Information Information

It deals with an objective of a house with long-


term policy decisions
STRATEGIC
INFORMATION
Useful for Top Level Management
It deals with the information needed to rule over business
resources like budgeting, productivity etc.
TACTICAL
INFORMATION
Useful for Middle Level Management

It deals with plant/business level information as well as is


used to handle proper conduction of specific operational tasks
OPERATIONAL
INFORMATION
Useful for Lower Level Management
TYPES OF INFORMATION
BASED ON APPLICATION

From the perspective of Application, information can be classified as

PLANNING CONTROL KNOWLEDGE ORGANIZATIONAL OPERATIONAL DATABASE


Establishing standard norms
PLANNING
INFORMATION
Describing specifications

Establishing control over business


CONTROL
INFORMATION
Measuring deviation from standards

Information about information


KNOWLEDGE
INFORMATION
Acquired through experience
Deals with organization’s environment
ORGANIZATIONAL
INFORMATION
Using information prudently

Detailed assignment of jobs


OPERATIONAL
INFORMATION
Internal information

Analyses large quantity of information


DATABASE
INFORMATION
Helps creation of database
THANK YOU

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