Data-processing cycle refers to the process of transforming raw data into useful information. The cycle entails a process of sequential steps, including input, processing, output and interpretation. Preparation, feedback and storage often are included steps of the cycle.Know More
Modern data processing usually is assumed to involve one or more computer systems, with the majority of the processing taking place within a software application.
Collection of the raw data occurs during the input phase of the data-processing cycle. This data could be census details or sales figures, for example. At this point, some cycles require the data undergo preparation for the next stage. Often, raw data requires verification of accuracy or transformation into another format prior to processing. Once the data is collected and input into the computer system, the processing stage of the cycle occurs. In this stage, the data is manipulated according to parameters programmed into the application. Processing generates output to the user. This output could be results displayed on the monitor or a printout, for example. Next, the user interprets the information. The cycle could end at this point, but many organizations incorporate two additional stages in the process: feedback, during which the output is compared with the desired results in order to improve the data-processing cycle for the future, and storage, during which the raw data is archived electronically or in physical form for future reference if needed.Learn more about Business Resources
Record keeping in school is the maintenance of information about each student, which includes basic biographical data, contact information, educational progress and modifications, attendance, discipline, and medical concerns. These records not only document information about the student, they also contain information on which a school is judged and funded. Many laws exist concerning the use and availability of these records to non-school personnel.Full Answer >
According to Inc., an effective bakery business plan includes a market study with data on the bakery’s targeted customer base, data on product sales in the market area, information about competitors, sales predictions and how the bakery plans to stand out from the competition. An effective bakery business plan should also include physical concepts with information, such as space and equipment required for the bakery.Full Answer >
When handling confidential information, care should be taken to dispose of stored documents appropriately, restrict access to fax machines and secure data, and follow established privacy policies, according to the Privacy Rights Clearing House. Every effort should be made to maintain strict privacy and prevent any unauthorized access.Full Answer >
Desk research is the process of collecting readily available information in the public domain and then using it for study purposes. The data gained can be either external or internal, but either way it is referred to as secondary data.Full Answer >