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. The entire matrix is known as a table or a relation . The rows in the table are known as records or tuples .