Difference between Data and Information Data is isolated facts.
Information is data that has been organized in such a way that it is meaningful to a decision maker.
Importance of Information in a Business Setting Information is vital to the operation and profitability of a company. Good information takes a lot of guess work out of decision making. Purpose of a Database A database organizes data so that it can be summarized. A database allows managers and others to get relevant information via queries and reports . Data Exercise 5.