Information science (also known as information studies) is an academic field which is primarily concerned with analysis, collection, classification, manipulation, storage, retrieval, movement, dissemination, and protection of information.

An information system is a set of interconnected components that work together to collect, process, store, and disseminate information to support decision making and control in an organization.

The course introduces the tools of obtaining, summarising, analysing information. It introduces Set theory, functions, equations ,sequences and mathematics of finance .

The course introduces the tools of obtaining, summarising, analysing information. It introduces Set theory, functions, equations ,sequences and mathematics of finance .

Grab full notes on FOOD PRODUCTION MANAGEMENT NOTES module for for your studies.

Strategy is significant for businesses as it provides direction and competitive advantage. There are different levels of strategy - corporate, business unit, and operational. Strategy exists in five forms according to Mintzberg: as a plan, a pattern, a position, a perspective, and a purpose. When analyzing strategy, it is important to consider all five perspectives to develop a robust strategy and identify potential issues in planning or implementation.

Mintzberg identifies 5 definitions of strategy: 1. Plan - a consciously intended course of action to deal with a situation. Strategies as plans are made in advance and developed purposefully. 2. Ploy - a specific maneuver intended to outwit opponents or competitors. 3. Pattern - a pattern in a stream of actions, the resulting behavior whether intended or not. Plans may go unrealized while patterns may emerge without intention. 4. Position - a means of locating an organization in its environment, the mediating force between an organization and its context. 5. Perspective - a shared way of perceiving the world among organizational members, either through shared intentions or actions

Strategy is defined as the direction and actions that managers take to attain organizational goals and gain competitive advantage. A vision statement guides internal decision-making while a mission statement identifies an organization's goals and market.

The document discusses strategic management and provides definitions and explanations of key concepts. It defines strategic management as the set of decisions and actions to formulate and implement strategies to achieve organizational objectives. It also discusses the hierarchy in strategic management at the corporate, business unit, and functional levels for multiple and single business firms. The strategic management process involves strategic intent, SWOT analysis, strategic alternatives, analysis and choice, implementation, and evaluation.