Strategic Importance of Information

Strategic Importance of Information
Price: 
$20.00

Course Hours: 
0.5
Course Type: 
Self-Study
  • Description
  • Objectives
  • Materials
  • Approvals
  • System Requirements
  • General Information

Information is organized data that can influence one's decisions, choices, and behaviors. Organizations need to have effective information technology systems and successful information management, so that managers have the knowledge they need to make good business decisions. This can help a company achieve the first-mover advantage that lets them be the first in an industry to use new information technology to substantially lower costs or to differentiate a product or service from that of competitors. This can lead to a sustainable competitive advantage. Business managers are exposed to reams of information every day, some useful and some not, which in turn impacts the actions they take, the behaviors they exhibit, and the decisions they make. This course discusses how information has changed in recent decades, how it helps companies gain a competitive advantage, and why effective information management is necessary.

After completing this course, you should be able to:

  • State the difference between data and information
  • Describe the difference between information and knowledge
  • Summarize the importance information has to business
  • Explain the first-mover advantage
  • List reasons why information management leads to a sustainable competitive advantage

All materials are included in this course.

 International Association for Continuing Education and Training (IACET)

Ed4Online has been approved as an Accredited Provider by the International Association for Continuing Education and Training (IACET). In obtaining this accreditation, Ed4Online has demonstrated that it complies with the ANSI/IACET Standard which is recognized internationally as a standard of good practice. As a result of the Accredited Provider status, Ed4Online is authorized to offer IACET CEUs for courses and programs that qualify under the ANSI/IACET Standard.

The Continuing Education Unit (CEU) was created by IACET as a measurement of continuing education. One (1) IACET CEU is equal to ten (10) contact hours of participation in an organized continuing education experience under responsible sponsorship, capable direction, and qualified instruction. Under IACET's care, the IACET CEU has evolved from a quantitative measure to a hallmark of quality training and instruction. For more information on IACET, visit www.iacet.org.

Internet Connection

  • Broadband or High-Speed - DSL, Cable, and Wireless Connections

*Dial-Up internet connections will result in a diminished online experience. Classroom pages may load slowly and viewing large audio and video files may not be possible.

Hardware Requirements

  • Processor - 2GHz Processor or Higher
  • Memory - 1 GB RAM Minimum Recommended

PC Software Requirements

  • Operating Systems - Windows Vista, Windows 7, Windows 8 or 8.1
  • Internet Browsers - Google Chrome is highly recommended
    • Cookies MUST be enabled
    • Pop-ups MUST be allowed (Pop-up Blocker disabled)
  • PowerPoint Viewer (if you do not have PowerPoint)
  • Adobe PDF Reader
  • QuickTime, Windows Media Player &/or Real Player

MAC Software Requirements

  • Operating Systems - Mac OS x 10 or higher  with Windows
  • Internet Browsers- Google Chrome is highly recommended
    • Cookies MUST be enabled
    • Pop-ups MUST be allowed (Pop-up Blocker disabled)
  • PowerPoint Viewer (if you do not have PowerPoint)
  • Adobe PDF Reader
  • Apple QuickTime Media Player