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What is Information
Information represents one type of resources, respectively, inputs into the production process. Information is usually defined as communication reducing the vagueness of the addressee.

Information is a term that refers to one type of resources, respectively, inputs into the production process. Information is created by data interpretation with using knowledge. Information is a format or a medium independent.

The dictionary definition of information is “communication reducing the vagueness of the addressee”.

Information is particularly important for management and decision making.

There are different typologies of information, typology derived from the system theory divides information into:

  • Signal information - related to the exchange of information between system elements (e.g., invoice sent, the message of change in inventory, a questionnaire for the personnel department, etc.)
  • Structural information - describes the structure and rules of behavior of its elements (e.g., organization structure, job descriptions, process map, etc.)
  • Genetic information - predetermine the behavior of the system (such as shared values in the minds of people)

Related terms and methods:

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Last update: 12.05.2016

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