Data resource management:
Data
are vital organizational resource that to be managed effectively like other
important assets. Today any business cannot survive with effectively management
of data about internal and external environment. That is why organization and
their employees practice data resource management that the set of managerial
activities that applies information system and data management tools to manage
effectively the organization data. Such as data will be beneficial for all
stakeholders of organization who use such data.
Foundation concepts:
Before
going further let us explain some foundation concepts used in data resource
management.
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1: Character:
Character
is the most logical concept used in data resource management which consists of
a single alphabetic, number or symbol. From a user of view a character is the
most basic element of data can be observed and manipulated.
2: Field:
The
next higher level or data item is field. A field consists of grouping of
relating characters. For example: the grouping of alphabets in a person. Name,
because name field. Similarly the sales figure may form a sale field. Basically
a data field represent on attributes of specific entity. For example an employee
salary is and attribute that is used to describe and entity who is employee if
that organization.
3: Record:
Related
fields are grouped to form a record. In other words the group of related fields
is called record. Thus a record represents the collection of attributes that
describes an entity. An example of record is a person’s payroll which shows
related data fields such as person name, personal number, destination wage type
etc.
4: File:
A
group of records in data base is called file or table. Thus the employee file
would contain the records of frequently classified as inventory file
transaction file and document file.
5: Database:
Database
is the integration of large data elements into a logically combined data pool.
A data base consolidates data which was previously stored in spare file into a
logically arranged from for various purposes. Thus data base is a large data
element which shows entities and their relationship.
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