Wiener Neustadt, Austria

Information Management

Wirtschaftsinformatik

Master's
Language: GermanStudies in German
Subject area: computer science
Qualification: MA
Master of Arts in Business, MA
4 Semester
120 ECTS
Information
Information is any entity or form that provides the answer to a question of some kind or resolves uncertainty. It is thus related to data and knowledge, as data represents values attributed to parameters, and knowledge signifies understanding of real things or abstract concepts. As it regards data, the information's existence is not necessarily coupled to an observer (it exists beyond an event horizon, for example), while in the case of knowledge, the information requires a cognitive observer.
Information Management
Information management (IM) concerns a cycle of organizational activity: the acquisition of information from one or more sources, the custodianship and the distribution of that information to those who need it, and its ultimate disposition through archiving or deletion.
Management
Management (or managing) is the administration of an organization, whether it is a business, a not-for-profit organization, or government body. Management includes the activities of setting the strategy of an organization and coordinating the efforts of its employees (or of volunteers) to accomplish its objectives through the application of available resources, such as financial, natural, technological, and human resources. The term "management" may also refer to those people who manage an organization.
Information
Information can tell us everything. It has all the answers. But they are answers to questions we have not asked, and which doubtless don’t even arise.
Jean Baudrillard French semiologist. Cool Memories, Ch. 5 (1987, trans. 1990).
Information
Private information is practically the source of every large modern fortune.
Oscar Wilde (1854–1900), Anglo-Irish playwright, author. Sir Robert Chiltern, in An Ideal Husband, Act 1.
Management
Management is defined here as the accomplishment of desired objectives by establishing an environment favorable to performance by people operating in organized groups. Each of the managerial functions (planning, organizing, staffing, , directing, and controlling) is analyzed and described in a systematic way. As this is done, both the distilled experience of practicing managers and the findings of scholars are presented. This is approached in such a way that the reader may grasp the relationships between each of the functions, obtain a clear view of the major principles underlying them.
Harold Koontz and Cyril O'Donnell. Principles of Management; An Analysis of Managerial Functions. 1968, p. 1
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