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Wednesday, July 10, 2013

Flexible Information


Flexible Information seems to be the most reliable source of information in my opinion. Many of these options have flaws to them or have loopholes the make them weaker than flexible information. Flexible info can be used for a variety of reasons that capture everything the other options do as a whole. Every other option is very specific and does not overlap, whereas flexible info can take care of three or four of the other options at a time. Information Systems are “sets of interrelated components that collect, manipulate, and disseminate data and information and provide feedback to meet an objective.” Some of these IS do not allow all these to happen, but flexible information lets it happen. If you look at the music industry and record sales, you could figure out predictions of sales or how to make strategy based on past sales or tours. This falls under flexible information. Some other IS, such as timely information, plays a huge part in the music industry. The book states “knowing last week’s weather conditions will not help you…” However, this is false in different situations, such as music. Last week’s sales are just as important as the future sales or as a competitive labels sales of similar artists on their roster. Flexible information is very versatile in business. The flexible information contains the data, the information, and leads to the process and creates knowledge of the whole situation. The input, process, and output can be put together with flexible information. 

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