Term
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Definition
| A set of two or more interrelated components interacting to achieve a goal. |
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Term
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Definition
| Occurs when components act in their own interest without regard for overall goal. |
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Term
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Definition
| Occurs when components acting in their own interest contribute toward overall goal. |
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Term
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Definition
are facts that are recorded and stored.
* Insufficient for decision making. |
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Term
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Definition
| is processed data used in decision making. |
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Term
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Definition
| Too much information however, will make it more, not less, difficult to make decisions. |
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Term
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Definition
The set of activities a product or service moves along before as output it is sold to a customer.
At each activity the product or service gains value. |
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