Kenneth C. Laudon,Jane P. Laudon Management Information System 12th Edition pdf

information asymmetry  

Situation where the relative bargaining

power of two parties in a transaction is determined by one party

in the transaction possessing more information essential to the

transaction than the other party.

G 6

Glossary

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information density  

The total amount and quality of information

available to all market participants, consumers, and merchants.

information policy  

Formal rules governing the maintenance,

distribution, and use of information in an organization.

information requirements  

A detailed statement of the information

needs that a new system must satisfy; identifies who needs what

information, and when, where, and how the information is

needed.

information rights  

The rights that individuals and organizations

have with respect to information that pertains to themselves.