Introduction Our age is known as the age of Information Technology. Information Technology with its superhighway has not only revolutionized man’s way of working but also his very existence. IT (Information Technology) revolution is sweeping our civilization bringing about unfathomable changes in our present- day civilization. Twenty first century belongs to the IT world. The term ‘Information Technology’ or simply known as IT is a generic name given to all improvements that are taking place
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ROLL NO.26 ASYMMETRIC INFORMATION: Asymmetric Information can be defined as "information that is known to one party in a transaction but no to the other party". The classified argument is that some sellers with inside information about the quality of an asset will be unwilling to accept the terms offered by a less informed buyer. This may cause the market breakdown or at a price lower than it would command if all buyers and sellers had full information. This is known as lemon market problem
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Organizations are taking a broad approach to security in 2012 Page 7: Increasing Number of Organizations at Risk by Failing to Monitor Privileged Accounts Page 8: Motivated Insiders Get Around Current Controls Page 8: Employees Accessing Unauthorized Information Page 9: Administrative Passwords – Wide Ranging Access Page 10: Employees Plan on Taking Privileged Passwords on Way Out Page 12: Intellectual Property – Competitive Theft Page 13: Data Breach Notification Laws Fail to Curb Data Loss
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Information literacy is an understanding and set of abilities allowing persons to "distinguish when information is needed" and have the capacity to identify‚ locate‚ evaluate‚ and effectively employ the needed information.". An information literate individual is someone who has learned how to learn‚ and is able to: recognise a need for information establish the extent of information needed efficiently access the needed information assess the information along with its sources critically
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INFORMATION TECHNOLOGY Introduction: In simple words Information Technology can be described as the solutions used to manage data‚ information and knowledge‚ the Industry that provides solutions around those solutions‚ and the organizations‚ within companies‚ that are made up of the IT professionals that come from that industry. But in a complicated sense‚ it is the acquisition‚ processing‚ storage and dissemination of vocal‚ pictorial‚ textual and numerical information by a microelectronics-based
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beginning of time‚ information has always been considered a good thing‚ a means to grow‚ and a way to develop and sustain culture. In the past‚ information had often been considered scarce‚ and truly a privilege to have. Now‚ information is being produced and received at a rapid rate. Humans cannot process as much information as the amount continuously flowing in. We are in a state of information surplus‚ an era of information overload. According to Lehtonen‚ information discrepancy is the “deficit
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ROLE OF ACCOUNTING INFORMATION IN DECISION-MAKING STRATEGIES AND PROCESSES OVIDIA DOINEA ovidia.doinea@ucv.ro GHEORGHE LEPĂDAT gheorghe.lepadat@ucv.ro VASILE TOMIŢĂ vasile.tomita@ucv.ro IONELA DĂNIASA ionela.daniasa@ucv.ro University of Craiova ABSTRACT. The paper generates insights about the linkages between the exploitation of inside information on capital markets‚ the integration of organizational information‚ the use of accounting information‚ the relationship between information asymmetry and cost
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The term Information Technology (IT) was coined by Jim Domsic of Michigan in November 1981. Domsic created the term to modernize the outdated phrase "data processing". Information Technology is a general term that describes any technology that helps to produce‚ manipulate‚ store‚ communicate and/or disseminate information. Presumably‚ when speaking of Information Technology as a whole‚ it is noted that the use of computers and information are associated. “Information Technology” as defined by the
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society due to the influence of the information technology. Whereas in the past‚ information technology was not used every day‚ but in recent times‚ it has become the most powerful things to in many people lies. This change can be seen clearly by the census figures to date. For instance‚ twenty years ago‚ the internet is not used for communication ; nowadays‚ the situation is very different and the communication is used by the internet (Salvaggio 1989). Information Technology is an important part of
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When my brother and I got our first computer‚ we couldn’t even begin to comprehend the amounts of informations we could access. So we just began using it for benign things‚ like video games and music. It was already at that point when we realized that this is something revolutionary‚ something that will not go away in a couple of years. Just ten years ago‚ I couldn’t imagine anything more advanced than what I had in my room. The first ever computer was the famous ENIAC; it weighed about thirty tons
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