What are the ways in which information is classified in terms of structure? Explain with examples
What will be an ideal response?
Information is classified into three types, based on how ordered and organized it is. Facts and data that are reasonably ordered, can be broken down into component parts, and organized into hierarchies are called structured information. For example, a credit card company maintains customer records in a structured format with elements such as last name, first name, street address, phone number, and email address.
Information that has no inherent structure or order is called unstructured information. For example, a manila folder in which educational certificates, employment records, bills, warranties, and medical prescriptions are stored.
The information category that falls between structured and unstructured information is called semi-structured information. It includes facts and data that show at least some structure, such as web pages and documents, which bear creation dates, titles, and authors.
You might also like to view...
The statement of stockholders' equity
a. is one of the required financial statements for the annual report, when changes have occurred in the stockholders' equity accounts. b. shows the changes in retained earnings for the period, which includes the increase or decrease as a result of net income or loss for the period, and dividends for the period. c. includes accounts, such as the retained earnings and common stock accounts, but not changes to the retained earnings account, since those items are reported on the statement of retained earnings. d. is used only if a corporation frequently issues common stock.
The ability to improve decision making by using "what if" analysis is a characteristic of a marketing information system
Indicate whether the statement is true or false
You manage the sales department of a toy manufacturer. You have been asked to prepare a visual that will demonstrate the sales trend for the company's most popular product, a video game, from 2001 to the present. Which visual should you create?
A. line chart B. bar chart C. pie Chart D. table
Devine Linens (DL) must raise $14,000,000 to support future growth. If it raises the funds by issuing stock, DL must pay an investment banker 5 percent of the total amount issued plus $250,000 in other costs associated with the issue. What is the amount of stock that DL must issue to net $14,000,000 after flotation costs?
A. $14,962,500 B. $14,950,000 C. $14,737,092 D. $15,000,000 E. $13,537,500