Economy, asked by susanstamang3801, 11 months ago

Write a short note about the fact that is not only quantitative by qualitative too.

Answers

Answered by Anonymous
0

Explanation:

Much of the workings of the world today are controlled and powered by information, giving credence to that famous quote, “information is power”. Professionals, researchers, organizations, businesses, industries and even governments cannot function without information serving as “fuel” for decision-making, strategizing, gaining and storing knowledge.

Much of the workings of the world today are controlled and powered by information, giving credence to that famous quote, “information is power”. Professionals, researchers, organizations, businesses, industries and even governments cannot function without information serving as “fuel” for decision-making, strategizing, gaining and storing knowledge.But information is not something that is handed to anyone on a silver platter. It starts with a small raw fact or figure – or a set of raw facts and figures – that are not organized and, all too often, without meaning or context. These are called “data”. By itself, and in its raw form, data may seem useless.

Much of the workings of the world today are controlled and powered by information, giving credence to that famous quote, “information is power”. Professionals, researchers, organizations, businesses, industries and even governments cannot function without information serving as “fuel” for decision-making, strategizing, gaining and storing knowledge.But information is not something that is handed to anyone on a silver platter. It starts with a small raw fact or figure – or a set of raw facts and figures – that are not organized and, all too often, without meaning or context. These are called “data”. By itself, and in its raw form, data may seem useless.Data will cease to be useless once it undergoes processing, where it will be organized, structured and given context through interpretation and analysis. Processing gives it meaning, effectively turning it into information that will eventually be of great use to those who need it. Collectively, all information will make up bodies of knowledge that will, in turn, benefit various users of this knowledge

Answered by Anonymous
69

Answer -

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  • I think we make a mistake when we consider that data are qualitative if they come from applying qualitative methods and techniques or if they are collected.

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