ITM301: Theoretical Knowledge Of Computer Sciences
Trident University
Module 1 Case
ITM301
Information system theory describes about the theoretical knowledge of computer sciences. It is system that process the knowledge related to a particular study. The information system theories effectively contribute in creating, building, compiling, organizing and transferring data into the information to make better results from the research. There are several IT theories that can be used to get good outcomes such as agency theory, game theory, organizational information processing theory and knowledge-based theory of the firm (Lerner, 2004). The data, information and knowledge are quite similar words that are used in the firm. All these words have …show more content…
Thus, data is the collection of evidence that is used to record for the purpose of firm. On the other hand, information is the process that is used in different forms. Generally, information is considered as the meaningful data that are appropriately converted and managed by the organizational managers with the use of conversion process. It is perceived as potentially signifying something and a process of informing that is used to develop sustainable resources. At the same time, knowledge describes about what someone knows, what they believe etc. Knowledge is the relationship between data and its elements that are collected from the information. Thus, knowledge is proper collection of information that is useful for the organizational purpose to attain competitive advantage and superior performance. In a real world situation, it can be described that when anyone memorizes any information, then it combines the knowledge (Liew, 2007). Knowledge also has useful meaning for the information that is settled in the mind of a human. In computer phrasing, all the application contains stored knowledge that is exercised by applicants. From the list of IT theories, knowledge-based theory of the firm is selected as an IT …show more content…
Strategic management is another way that develops and expands the resource-based view of the firm (Levinson, 2007). Thus, it requires the data as well as information to improve the knowledge based on the resources. All three terms are different from each other due to use in the knowledge based management theory. It is because knowledge can be memorized, but data cannot be memorized since it is not properly managed by anyone. The knowledge provides the effective results by applying knowledge-based theory of firm. At the same time, organization uses the information by converting organizational data into information form (Liew,
Module 1 Case
ITM301
Information system theory describes about the theoretical knowledge of computer sciences. It is system that process the knowledge related to a particular study. The information system theories effectively contribute in creating, building, compiling, organizing and transferring data into the information to make better results from the research. There are several IT theories that can be used to get good outcomes such as agency theory, game theory, organizational information processing theory and knowledge-based theory of the firm (Lerner, 2004). The data, information and knowledge are quite similar words that are used in the firm. All these words have …show more content…
Thus, data is the collection of evidence that is used to record for the purpose of firm. On the other hand, information is the process that is used in different forms. Generally, information is considered as the meaningful data that are appropriately converted and managed by the organizational managers with the use of conversion process. It is perceived as potentially signifying something and a process of informing that is used to develop sustainable resources. At the same time, knowledge describes about what someone knows, what they believe etc. Knowledge is the relationship between data and its elements that are collected from the information. Thus, knowledge is proper collection of information that is useful for the organizational purpose to attain competitive advantage and superior performance. In a real world situation, it can be described that when anyone memorizes any information, then it combines the knowledge (Liew, 2007). Knowledge also has useful meaning for the information that is settled in the mind of a human. In computer phrasing, all the application contains stored knowledge that is exercised by applicants. From the list of IT theories, knowledge-based theory of the firm is selected as an IT …show more content…
Strategic management is another way that develops and expands the resource-based view of the firm (Levinson, 2007). Thus, it requires the data as well as information to improve the knowledge based on the resources. All three terms are different from each other due to use in the knowledge based management theory. It is because knowledge can be memorized, but data cannot be memorized since it is not properly managed by anyone. The knowledge provides the effective results by applying knowledge-based theory of firm. At the same time, organization uses the information by converting organizational data into information form (Liew,