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Business IT & Data Management Guide

This document outlines key responsibilities for information management, including utilizing IT tools to manage work, maintaining business records, and acquiring information to guide decision-making. It discusses establishing IT specifications, determining technology needs, describing the nature of business records. It also covers describing current business trends, monitoring internal records, conducting environmental scans, interpreting statistical findings, translating research into recommendations, explaining data analysis principles, and discussing the nature of data mining. The document provides links to additional resources on each topic.

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212 views2 pages

Business IT & Data Management Guide

This document outlines key responsibilities for information management, including utilizing IT tools to manage work, maintaining business records, and acquiring information to guide decision-making. It discusses establishing IT specifications, determining technology needs, describing the nature of business records. It also covers describing current business trends, monitoring internal records, conducting environmental scans, interpreting statistical findings, translating research into recommendations, explaining data analysis principles, and discussing the nature of data mining. The document provides links to additional resources on each topic.

Uploaded by

api-374581067
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Information Management (IM):

1. Utilize information-technology tools to manage and perform work responsibilities.


a. Establish specifications for selecting hardware/software systems (NF:091) (MN)
- https://www.bizfilings.com/toolkit/research-topics/office-hr/assessing-computer-
needs-for-your-business
- http://www.business.vic.gov.au/marketing-sales-and-online/online-business-and-
technology/how-to-build-a-website/choose-the-right-hardware-and-software
b. Determine venture's information technology needs (NF:012) (MN)
- https://www.entrepreneur.com/article/159704
- https://hbr.org/2006/11/mastering-the-three-worlds-of-information-technology
2. Maintain business records to facilitate business operations.
a. Describe the nature of business records (NF:001) (SP)
- https://en.wikipedia.org/wiki/Business_record
- https://www.patriotsoftware.com/accounting/training/blog/types-of-business-
records-need-track/
- https://quizlet.com/71880863/deca-competitive-events-information-management-
flash-cards/
3. Acquire information to guide business decision-making.
a. Describe current business trends (NF:013) (SP)
- http://www.citizentekk.com/5-important-business-
trends/?utm_content=buffercb374
- https://www.thebalance.com/top-small-business-trends-2948291
b. Monitor internal records for business information (NF:014) (SP)
- https://www.business.qld.gov.au/running-business/finances-cash-
flow/records/electronic-manual
- http://www.headscratchingnotes.net/2011/10/marketing-information-systems-mis/
c. Conduct an environmental scan to obtain business information (NF:015) (SP)
- https://www.shrm.org/resourcesandtools/tools-and-samples/hr-
qa/pages/cms_021670.aspx
- https://en.wikipedia.org/wiki/Market_environment
- http://horizon.unc.edu/courses/papers/enviroscan/
d. Interpret statistical findings (NF:093) (SP)
- http://www.investopedia.com/exam-guide/cfa-level-1/quantitative-methods/test-
statistics-interpreting-results.asp
e. Translate research findings into actionable business recommendations (NF:216)
(SP)
- http://blog.building-blocks.com/insights/how-to-turn-analytics-data-into-
actionable-business-insights
4. Create and access databases to acquire information for business decision making.
a. Explain the principles of data analysis (NF:139) (SP)
- http://www.gregreda.com/2014/03/23/principles-of-good-data-analysis/
5. Apply data mining methods to acquire pertinent information for business decision
making.
a. Discuss the nature of data mining (NF:148) (CS)
- http://web.engr.illinois.edu/~hanj/pdf/ency99.pdf

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