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Explain The Difference Between Data And Information, The Economics And Problems Associated With Information Management
  
Explain The Difference Between Data And Information
  • Data is raw facts, it can be the form of numbers, symbols, pictures or even sounds. Data is used as input.
  • Information is data that is organized and meaningful, it is used for making decisions, information is out put. Information is used to influence and persuade and it can be a capital resource, etc.
ISSUE OF DATA AND  INFORMATION                    
Garbage in, garbage in (GIGO), 
that means you cannot create correct information from incorrect data.
 












The Economics Of Information
 Information has two basic elements:
  •  Reach means the number of people, participate, exchanging, sharing the information.
  •  Richness means quality or quantity of information shared in transaction. It has three components, such as bandwidth, customization, interactivity. 
Information Management
Information management (IM) is a general terms that refers to managing any kind of information or it is the collection and management of information from one or more sources.
Information management encompasses systems such as web content management (CM), document management (DM), records management (RM), digital asset management (DAM), learning management systems (LM), learning content management systems (LCM).

Problems Associated With Information Management
Problems consist of virus, hacking and data lost.

Activity 
We had presentation in week three about information management and my group represent about web content management (CM) and my part was about advantages of CM. 

 










  Beside that we had discuss and explain usage ICT, my group had seven member and we presented about usage ICT in Vietnam

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