Introduction to Resources and Information

Flashcards focusing on key concepts, terminology, and definitions related to resources and information as discussed in the lecture notes.

Assembly Process

The process of converting raw materials into a refined form for use in construction or production.

Physical Resources

Tangible resources such as buildings, equipment, and manpower that can be easily identified and utilized by organizations.

Conceptual Resources

Non-tangible resources that represent value beyond their physical makeup, such as money and intellectual property.

Information

Data that is organized in a way that adds value, considered as facts about something or someone.

Valuable Information Characteristics

Information that is Accurate, Complete, Economical, Reliable, Flexible, Relevant, Simple, Timely, and Verifiable.

Information Overload

A state where the volume of information available exceeds an individual's ability to process it effectively.

Intellectual Property

A set of exclusive rights granted by the state to the creator of an original work.

Data Privacy Act - RA 10173

A law that defines sensitive personal information and regulates its use, protecting individuals' data privacy rights.

Secure Information

Information that is protected from unauthorized access, ensuring that only authorized users can obtain it.

Software Piracy

The unauthorized copying, distribution, or use of software.

Gossip and Rumors

Information that spreads easily but loses control once shared, often lacking accuracy.

Transportable Information

Information that can be easily shared or moved across different platforms.

Zero-Marginal Cost

The cost of producing additional copies of information goods is negligible after the first copy.

Non-Rivalrous Information

Information that can be used by multiple users simultaneously without depletion of its value.

Non-Exclusive Information

Information that cannot be easily restricted from access by others once it is known.

Data Breach

An incident that compromises the integrity, availability, or confidentiality of personal data.