Unit 2 – LO3 – individual and Organisations 3.1 Data versus information What is information ? What is DATA? What is Knowledge? When does data become information and information become knowledge? Unit 2 – LO3 – individual and Organisations 3.4 Stages of data analysis List and describe the 7 separate stages of Data analysis. . 3.3 Categories of information used by organisations: What is Knowledge management? And what are KMS? What are Management information systems (MIS)? Explain the 4 different types of MIS: Marketing, promotion and sales. Financial analysis and modelling Contact management Decision making What are the Benefits and limitations of MIS What is Internal and external communication What is Big data? How is it used? What are the Benefits and limitations of Big Data? 3.2 Categories of information used by individuals Explain how each is communicated and what are the Benefits and limitations Communication Education and training. Entertainment Planning Financial Research Location dependent 3.5 - Data analysis tools What are Data Analysis tools? Explain the 5 different types of Data Analysis. Data tables Visualisation of data Trend and pattern identification Data cleaning Geographic information system/location mapping 3.6 Information system structure What is an Open systems? What is a Closed systems? What are the Characteristics and Benefits and limitations of both? .