To be an effective manager, it is important to understand that information is one of an...

To be an effective manager, it is important to understand that information is one of an organisation’s most valuable and important resources. For a Higher Education institution, how might we differentiate between data, information and knowledge? Explain with relevant examples.

Expert Solution

Information - Organised data about anything which is obtained from different sources such as internet , conversation , discussion etc. are called information. Information can be transferred through verbal or non verbal signals, therefore it is easy to transfer.

Knowledge - It is acquired by deep understanding about a subject from a well experienced teacher or through education. Also when information and experience is combined ,it is knowledge. So subjects can understand well. Knowledge transfer depends on the receiver. A student who is not interested in listening a subject lacks knowledge .

Data - It is a collection of different symbols and characters which has meaning only when it connects with a context. Information is made out of data. For example in a student database 12061999 is just a data which has no meaning unless it is stored under student date of birth. Then it can be read as 12/06/1999. So information and knowledge is derived from it. Otherwise it is raw or no significance beyond its existence.

venereology answered 2 years ago

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