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The Strategic Importance of Information

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What is the strategic importance of information?

What are the pros and cons of using Twitter and Facebook to enhance organizational communication?

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Solution Summary

The strategic importance of information is discussed in this post. The advantages and disadvantages of using Twitter and Facebook for business purposes are also discussed.

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The strategic importance of information is to support business processes and operations. Information systems enable managers to conduct routine business procedures and activities properly. Information systems help managers accurately and timely with the help of software. These systems take data as input and process it to generate information. Managers can use this information to improve their organizations. For example bank managers can analyze current historical data about customers. This information can be used to decide things such as which customers can ...

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