Information
Components of Useful Information
Value Chain Primary Activities
Value Chain Support Activities
Personal Hobbies
100

Raw input needed to create information, but doesn't mean anything on it's own

What is Data?

100

Helps predict future trends

What is Predictive Value?

100

Receiving and storing of raw materials

What is Inbound Logistics?

100

Organizational structure that ties a firm's various components together

What is Firm Infrastructure?

100

An individual or team sport that requires the use of ones arms and legs to move the body through water

What is Swimming?

200

Output after data is organized in a way that is meaningful to users

What is Information?

200

Confirms investor expectations

What is Feedback Value?

200

Transforming input into finished goods

What is Operations?

200

Recruiting, hiring, training, and compensating employees

What is Human Resource Management?

200

All-time consecutive conference title record holder with 14 consecutive titles, which is an active streak

What is University of Kansas Men's Basketball?

300

Avoids information overload by providing certain information to the right people

What is Mitigated Information?

300

Similar results among several measures 

What is Verifiable?

300

Distributing products to customers

What is Outbound Logistics?

300

Research and development of new products to innovate or cut costs

What is Technology?

300

A journey, especially to a distant or unfamiliar place

What is Travel?

400

Capable of making a difference in a decision

What is Relevant Information?

400

Extent to which a measure accurately represents the event

What is Representational Faithfulness?

400

Attracting customers through their needs and wants

What is Marketing and Sales Activities?

400

Acquiring inputs/resources for a firm

What is Procurement?

400

Walking for a long distance across mountains or in the woods, usually on trails

What is Hiking?

500

Free from bias & error

What is Reliable Information?

500

Equal treatment to all stakeholders

What is Neutrality?

500

Providing service after products are sold 

What is Service Activities?

500

Requires accurate data to be stored from primary activities 

What is Support Decisions?

500

An organized event, typically lasting several days, featuring performances by various musicians, singers, and groups

What is a Music Festival?