Information Technologies and Systems Support Organizations in Managing Data, When

question 106

True/False

Information technologies and systems support organizations in managing data, when this data is managed properly; it becomes information and then knowledge.

---

Definitions:

End-user Products

Final goods or services intended for consumption or use by the ultimate consumer, as opposed to intermediate goods used in production.

Not-for-profit Organizations

Entities that operate for purposes other than making a profit, often focusing on social, educational, or charitable objectives.

Marketing Segmentation

The practice of dividing a broad target market into subsets of consumers with common needs, characteristics, or behaviors, and targeting them with specific marketing strategies.

Form Utility

The value added by a company to a product or service, altering its original form to make it more desirable to consumers.