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Week.1 Session.3
Hello visitors. Very good day to all of you. Hope you are in good health.
As you know, today I am going to share my experiences and knowledge of IT class, week 1, session 3. 
Do you know the qualities of valuable information?
A valuable information must have six kind of expressed qualities.

  1. Accurate
  2. Veriafiable
  3. Timely
  4. Organized
  5. Complete
  6. Useful 
GIGO
It stands for Garbage in, Garbage out.



I also learned about the economics of INFORMATION & IT. Our lecturer explained us about IT economics and it's uses.







Information has two basic elements.
  • Reach which means the number of people and
  • Richness means amount of quality information shared in transaction.
It has three components.
1) Bandwidth
2) Customization and
3) Interactivity








We learned about Data communication as well.
It must exists at least three elements.
They are sender, medium and receiver.
The computer network is significant because of
resource sharing
information sharing and
promote communication and collaboration. 
Another title for today is Information Management(IM).
IM means managing any kind of information.

 IM comprises encompasses systems such as..

  1. CM
  2. DM
  3. RM
  4. DAM
  5. LM
  6. LCM
These all are knowledge I got today.
Our lecture gave us a task to make group presentation next week as a class activity. I will try to post about my group presentation. And also other groups' presentations as well. Well, let me stop here for today. See you soon. :)

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