(a). Outline the major elements which make up the
i) Macro (External) environment.
ii) Micro (Internal) environment.
(b). Discuss and describe five techniques which can be employed to assist organisations adapt to their environment.
Collecting and managing information is increasingly essential from small businesses to multinational organisations.
(i). By using instances in the context of a selected organisation, make a distinction between data and information.
(ii). Describe and discuss three significance of information to top management.
(iii). Elaborate on five points relating to value of information in organisations.
(iv). Managers depend much on information in order to make good decisions. Describe and describe five criteria related to information that managers must consider for their appropriate decision making and planning procedures.