Data, Information and Communication in Organizations Management Essay - 10

Data, Information and Communication in Organizations Management - Essay ExampleData needs analysis and interpretation with probable possibilities to enable for the right(a) development of information in vigilance processes. Communication incorporates data processing by the sender through channels in a manner that the recipient can understand. Communication within organizations requires clear and well-defined channels, which pass instructions to mingled stakeholders within organizations.Organizations use well-analyzed data, processed information and channeled communication to improve efficiency and effectiveness in networking and team building among employees. The use of data within an organization enables the disclosure of various facts that are invaluable in the implementation management practices. At Nike Company where I serve, for instance, the use of statistical data to know the population of people using Nike products assists in the production of a significant tour of prod ucts that serve all customers. Statistical information on Nike products gives figures on how Nike products get into the market and the level of their demand and supply. Proper application of the statistics ensures appropriate production in the company without any shortage in the marketplace. Based on the theory of price mechanism, especially in management, the use of data in organizations gives them the real figures on demand and supply chains. Therefore, the use of data in organizations enables for the implementation of demand and supply theory in management (International Conference On The Bookmark Of The tame Of The Future, Taylor & Hogenbirk, 2013, p. 138).Information increases efficiency in organizations by expanding knowledge among stakeholders on the proper operations and management techniques. Remarkably, the use of information allows various employees and customers to equip themselves with ideas on various products and their use.