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"Explain, with the help of examples, what is meant by the terms data, information and knowledge, as used within the study of information systems - Describe the characteristics of good quality information".  

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Computer-Based Information Systems Assignment 1 Leslie Spiers 29 October 2001 "Explain, with the help of examples, what is meant by the terms data, information and knowledge, as used within the study of information systems. Describe the characteristics of good quality information" Information is quite simply data that is processed for a particular purpose. That data may be a transaction, such as a sale of an item in a retail outlet, an entry on a time sheet of an employee or indeed the record of any event or fact. The essence of data is that it is an elementary description and that it lacks organisation and therefore cannot convey any meaning. Data may be handled in a series of, sometimes complex, processes in which it is classified, selected, rearranged, summarised, aggregated or used to perform calculations. Data can be stored as a resource that can be drawn upon to produce information for people and in support of the...

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