Answer to Question #244123 in Marketing for jean

Question

In Management Information Systems, how does data become information?

Answer 1

Information systems in an organization allow managers to collect data from all entities. The database is designed to collect corresponding data, organize and create summaries using tech tools to give information about the organization’s performance, employee performance, and financial statements. For example, the system can collect raw data from financial transactions from various entities in the organization and analyse them to give summaries to determine performance.