Managing Information

Managing Resources for the Market — Block 5

The Open University

Publisher: The Open University, 1997, 140 pages

ISBN: 0-7492-4999-4

Keywords: Information Systems, Statistics, MBA

Last modified: Jan. 25, 2014, 4:08 p.m.

Open University Business School Diploma B752 Managing Resources for the Market

  • Session 1 Information Basics
    • 1.1 A Brief Historical Perspective
      • Information and the evolution of communication
      • Computing
      • Telecommunications
      • The challenge of the new
    • 1.2 The Building Blocks of Information
      • Data and information
      • Data
      • Information
      • Accuracy and precision
      • Levels of summation
    • 1.3 Managers and Information Flows
      • Communication
      • Information flows
      • Communications failure
  • Session 2 Interpreting Statistics
    • 2.1 Graphs, Charts and Diagrams
      • Conventions
      • Types of graph
        • The simple graph
        • The smoothed graph
        • The bar chart
        • The pie chart
        • The pictogram
        • The scatter gram
      • Design features
        • The suppressed zero
        • Interpolation and extrapolation
    • 2.2 The Frequency Distribution
      • The histogram
    • 2.3 Summary Statistics
      • Means, medians and modes
      • The normal distribution
      • Standard deviation
      • Weigthed means
    • 2.4 Time Series Analysis
      • Moving averages
      • Index numbers
        • Inflation
    • 2.5 How to Take a Chance
      • Simple probability
        • Expressing probability
      • Conditional probability
    • 2.6 Sampling
      • Sample selection
      • Sample size
    • 2.7 Confidence Testing
    • 2.8 Sample Size
    • 2.9 Significance Testing
      • The X2 (chi-squared) test
        • Results of the exercise
        • A cautionary note
  • Session 3 Managing and Manipulating Data
    • 3.1 The Well-Chosen Average
      • Futtock's End
      • Floggitt, Meddle and Blush
      • The Poll Tax
    • 3.2 Presentation of Data
      • The Gee-Whiz curve
      • The trouble with pretty pictures
    • 3.3 Sampling
      • The design of a sample
      • Self-selecting samples
    • 3.3 Changes over Time
      • Percentages
      • Percentage points
      • Inflation
      • The convenient baseline
    • 3.4 How to Interrogate a Statistic
      • Who says so?
      • How do they know?
      • What's missing?
      • What's changed
      • Does it make sense?
  • Session 4 Systems
    • 4.1 The Concept of a System
      • Definition of a system
      • Hard and soft systems
        • Domestic central heatings system
        • Secondary school
      • Sub-optimization
    • 4.2 Hard Systems Approaches
      • Applicability of the hard systems approach
      • Stages of systems engineering
        1. Problem definition
        2. Systems analysis
        3. Systems design
        4. Implementation
        5. Operation
        6. Iteration
    • 4.3 Soft Systems Methodology
      1. The problem situation unstructured
      2. The problem situation expressed
      3. Root definitions of the relevant systems
      4. Making and testing conceptual models
      5. Comparisions of stage 4 with stage 2
      6. Feasible, desirable changes
      7. Action to improve the problem situation
  • Session 5 Information Systems
    • 5.1 Information Systems
      • Data processing systems (DP)
      • Office automation system (OA)
      • Decision support system (DSS)
      • Database systems (DB)
        • Database structures
      • Knowledge-based systems (KBS)
      • Management information systems (MIS)
    • 5.2 Information Systems Development
      • Structured methodologies vs rapid prototyping
        • Structured methodologies
        • Rapid prototyping
        • Analysis tools
        • Flowcharts
        • Structured English
        • Data flow diagrams (DFDs)
        • Data dictionaries
        • Entities, attributes and relationship
        • Data normalization
  • Session 6 Conclusion
    • 6.1 How Does This Affect Me as a Manager?
      • Aspects of information
        • Acquisition
        • Transformation
        • Interpretation
        • Use
    • 6.2 Where is IT Going?

Reviews

Managing Information

Reviewed by Roland Buresund

Decent ****** (6 out of 10)

Last modified: May 21, 2007, 3:12 a.m.

MBA material, what do you expect?

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