Information processing is the acquisition, recording, organization, retrieval, display and dissemination of information. Information processing could also be referred to as the manipulation of digitalized information by computers and other digital electronic equipment, known collectively as Information technology.
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A computer information processor processes information to produce understandable results. For example, an information processor works to translate and format the digital information for printed form.
Collation of Information
Collation is the assembly of written information into a standard order. Many systems of collation are based on numerical order or alphabetical order, or extensions and combinations thereof. Collation is a fundamental element of most office filing systems, library catalogs, and reference books.
The main advantage of collation is that it makes it fast and easy for a user to find an element in the list, or to confirm that it is absent from the list. In automatic systems this can be done using a binary search algorithm or interpolation search; manual searching may be performed using a roughly similar procedure, though this will often be done unconsciously. Other advantages are that one can easily find the first or last elements on the list (most likely to be useful in the case of numerically sorted data), or elements in a given range (useful again in the case of numerical data, and also with alphabetically ordered data when one may be sure of only the first few letters of the sought item or items).
Information organization (IO) is defined in this literature review as the process of ordering, surrogation, or description information and information objects. These three tasks have been identified by the author as broad tasks that both identify tangible elements of IO and have implications across areas of information research including retrieval, interaction, and personal information management.
Analysis of Information
Information analysis is the science of evaluating information content, and refining information to build portfolios. Information analysis works both for managers who use a non-quantitative process and for those who use a quantitative investment process. The only requirement is that there is a process./
Information is a fuzzy concept. Information analysis begins by transforming information into something concrete: investment portfolios. Then it analyzes the performance of those portfolios to determine the value of the information.
Information analysis can work with something as simple as an analyst’s buy and sell recommendations. Or it can work with alpha forecasts for a broad universe of stocks. Information analysis is not concerned with the intuition or process used to generate stock recommendation only with the recommendations themselves.
Information interpretation is the process through which organizations make sense of new information that they have acquired and disseminated.
- Our employees, as individuals, are prepared to rethink decisions when presented with new and relevant information. (0.65)
- Our employees seek to deeply understand issues and concepts. (0.46)
- Our employees do not hesitate to question things they do not understand. (0.65)
- Our employees, as individuals, are interested in knowing not only what to do but also why we do things. (0.78)