Tuesday, September 1, 2009

1. Why information are essential to business?
It helps company to gain a competitive advantage. Information system such as M.I.S refers broadly to a computer based.

2.Data vs Information.
Generally, data mining (sometimes called data or knowledge discovery) is the process of analyzing data from different perspectives and summarizing it into useful information - information that can be used to increase revenue, cuts costs, or both. Data mining software is one of a number of analytical tools for analyzing data. It allows users to analyze data from many different dimensions or angles, categorize it, and summarize the relationships identified. Technically, data mining is the process of finding correlations or patterns among dozens of fields in large relational databases.

3. What is a system?
  • instrumentality that combines interrelated interacting artifacts designed to work as a coherent entity; "he bought a new stereo system,
a group of independent but interrelated elements comprising a unified whole; "a vast system of production and distribution and consumption keep the country going"

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