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Read the passage carefully and answer the question that follows.
The most obvious aspect of the information explosion is the vast amount of information that is readily available to managers. There are two different dimensions to this information explosion. First, the information about the operations and performance of the organization that can now be tracked and relatively easily accessed would have been literally inconceivable just a decade ago. Second, the exponential growth of the internet affords access to information outside the organization to an extent and with an ease that defies the imagination. Instead of being constrained by the lack of needed information, the challenge has shifted to identify what is relevant from an overwhelming mass of available data.
Within the organization, the integrated systems offered by software such as SAP and Oracle allow senior managers to “drill down” to the smallest transaction. While it is patently absurd for the CEO of a major company to go down to the detail of a trivial accounting transaction in a small and remote sales office, this access to operational information can be and is being put to effective use by top management.
The availability of information on the Internet now makes competitive and industry analyses very' much easier and considerably more effective. While seated in Mumbai it is possible to get a handle on the leadership wrangles at Marks and Spencer in London and their impact on the company's international expansion plans, the financial market problems and political instability in South East Asia, and the consequent trends in Brazilian imports of Indian- made garments.
Q. What has been the effect of information explosion as far as organizations are concerned?
  • a)
    Information has caused some economic explosions by unearthing shady dealings.
  • b)
    Information available on the net cannot be used as most of it is highly irrelevant.
  • c)
    It has made industry and competitor positions easier to determine.
  • d)
    With easy availability of information managers and CEOs have started going down to the details of smallest of the transactions.
Correct answer is option 'C'. Can you explain this answer?
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Read the passage carefully and answer the question that follows.The m...
Effect of Information Explosion on Organizations:

Increased Ease of Industry and Competitor Analysis:
The information explosion has made it much easier for organizations to conduct competitive and industry analyses. With the vast amount of information available on the internet, managers can now easily access data on competitors, industry trends, and market dynamics. This enables organizations to make more informed decisions and stay ahead of their competition.

Enhanced Decision-Making:
Access to a wide range of information allows organizations to make more strategic and data-driven decisions. Managers can now quickly gather relevant data, analyze it, and make informed choices that are based on facts rather than assumptions. This leads to better decision-making and improved overall performance.

Improved Operational Efficiency:
The availability of operational information within the organization, through integrated software systems like SAP and Oracle, allows senior managers to closely monitor and track performance metrics. This level of detail helps in identifying areas of improvement, optimizing processes, and increasing operational efficiency.

Challenges in Information Overload:
While the abundance of information can be beneficial, it also poses a challenge of information overload. Managers now need to sift through a large volume of data to identify what is truly relevant and valuable for their decision-making process. This requires strong analytical skills and the ability to discern important information from noise.
In conclusion, the information explosion has had a significant impact on organizations by enhancing industry and competitor analysis, improving decision-making, and increasing operational efficiency. However, it also presents challenges in managing information overload effectively.
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Community Answer
Read the passage carefully and answer the question that follows.The m...
The answer is (C) as the passage directly states that “The availability of information has made industry and competitor positions easier to determine.''
Hence, the correct option is (C).
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Read the passage carefully and answer the question that follows.The most obvious aspect of the information explosion is the vast amount of information that is readily available to managers. There are two different dimensions to this information explosion. First, the information about the operations and performance of the organization that can now be tracked and relatively easily accessed would have been literally inconceivable just a decade ago. Second, the exponential growth of the internet affords access to information outside the organization to an extent and with an ease that defies the imagination. Instead of being constrained by the lack of needed information, the challenge has shifted to identify what is relevant from an overwhelming mass of available data.Within the organization, the integrated systems offered by software such as SAP and Oracle allow senior managers to “drill down” to the smallest transaction. While it is patently absurd for the CEO of a major company to go down to the detail of a trivial accounting transaction in a small and remote sales office, this access to operational information can be and is being put to effective use by top management.The availability of information on the Internet now makes competitive and industry analyses very' much easier and considerably more effective. While seated in Mumbai it is possible to get a handle on the leadership wrangles at Marks and Spencer in London and their impact on the company's international expansion plans, the financial market problems and political instability in South East Asia, and the consequent trends in Brazilian imports of Indian- made garments.Q. Which of the following is true according to the passage?

Read the passage carefully and answer the question that follows.The most obvious aspect of the information explosion is the vast amount of information that is readily available to managers. There are two different dimensions to this information explosion. First, the information about the operations and performance of the organization that can now be tracked and relatively easily accessed would have been literally inconceivable just a decade ago. Second, the exponential growth of the internet affords access to information outside the organization to an extent and with an ease that defies the imagination. Instead of being constrained by the lack of needed information, the challenge has shifted to identify what is relevant from an overwhelming mass of available data.Within the organization, the integrated systems offered by software such as SAP and Oracle allow senior managers to “drill down” to the smallest transaction. While it is patently absurd for the CEO of a major company to go down to the detail of a trivial accounting transaction in a small and remote sales office, this access to operational information can be and is being put to effective use by top management.The availability of information on the Internet now makes competitive and industry analyses very' much easier and considerably more effective. While seated in Mumbai it is possible to get a handle on the leadership wrangles at Marks and Spencer in London and their impact on the company's international expansion plans, the financial market problems and political instability in South East Asia, and the consequent trends in Brazilian imports of Indian- made garments.Q. How has access to information outside the organization become easier?

Read the passage carefully and answer the question that follows.The most obvious aspect of the information explosion is the vast amount of information that is readily available to managers. There are two different dimensions to this information explosion. First, the information about the operations and performance of the organization that can now be tracked and relatively easily accessed would have been literally inconceivable just a decade ago. Second, the exponential growth of the internet affords access to information outside the organization to an extent and with an ease that defies the imagination. Instead of being constrained by the lack of needed information, the challenge has shifted to identify what is relevant from an overwhelming mass of available data.Within the organization, the integrated systems offered by software such as SAP and Oracle allow senior managers to “drill down” to the smallest transaction. While it is patently absurd for the CEO of a major company to go down to the detail of a trivial accounting transaction in a small and remote sales office, this access to operational information can be and is being put to effective use by top management.The availability of information on the Internet now makes competitive and industry analyses very' much easier and considerably more effective. While seated in Mumbai it is possible to get a handle on the leadership wrangles at Marks and Spencer in London and their impact on the company's international expansion plans, the financial market problems and political instability in South East Asia, and the consequent trends in Brazilian imports of Indian- made garments.Q. What could be an appropriate title for the passage?

When people react to their experiences with particular authorities, those authorities and the organizations or institutions that they represent often benefit if the people involved begin with high levels of commitment to the organization or institution represented by the authorities. First, in his studies of people's attitudes toward political and legal institutions, Tyler found that attitudes after an experience with the institution were strongly affected by prior attitudes. Single experiences influence post experience loyalty but certainly do not overwhelm the relationship between pre-experience and post experience loyalty. Thus, the best predictor of loyalty after an experience is usually loyalty before that experience. Second, people with prior loyalty to the organization or institution judge their dealings with the organization's or institution's authorities to be fairer than do those with less prior loyalty, either because they are more fairly treated or because they interpret equivalent treatment as fairer.Although high levels of prior organizational or institutional commitment are generally beneficial to the organization or institution, under certain conditions high levels of prior commitment may actually sow the seeds of reduced commitment. When previously committed individuals feel that they were treated unfavourably or unfairly during some experience with the organization or institution, they may show an especially sharp decline in commitment. Two studies were designed to test this hypothesis, which, if confirmed, would suggest that organizational or institutional commitment has risks, as well as benefits. At least three psychological models offer predictions of how individuals' reactions may vary as a function of (1) their prior level of commitment and (2) the favorability of the encounter with the organization or institution. Favorability of the encounter is determined by the outcome of the encounter and the fairness or appropriateness of the procedures used to allocate outcomes during the encounter. First, the instrumental prediction is that because people are mainly concerned with receiving desired outcomes from their encounters with organizations, changes in their level of commitment will depend primarily on the favorability of the encounter. Second, the assimilation prediction is that individuals' prior attitudes predispose them to react in a way that is consistent with their prior attitudes.The third prediction, derived from the group-value model of justice, pertains to how people with high prior commitment will react when they feel that they have been treated unfavorably or unfairly during some encounter with the organization or institution. Fair treatment by the other party symbolizes to people that they are being dealt with in a dignified and respectful way, thereby bolstering their sense of self-identity and self-worth. However, people will become quite distressed and react quite negatively if they feel that they have been treated unfairly by the other party to the relationship. The group-value model suggests that people value the information they receive that helps them to define themselves and to view themselves favorably. According to the instrumental viewpoint, people are primarily concerned with the more material or tangible resources received from the relationship. Empirical support for the group-value model has implications for a variety of important issues, including the determinants of commitment, satisfaction, organizational citizenship, and rule following. Determinants of procedural fairness include structural or interpersonal factors. For example, structural determinants refer to such things as whether decisions were made by neutral, fact-finding authorities who used legitimate decision-making criteria. The primary purpose of the study was to examine the interactive effect of individuals (1) commitment to an organization or institution prior to some encounter and (2) perceptions of how fairly they were treated during the encounter, on the change in their level of commitment. A basic assumption of the group-value model is that people generally value their relationships with people, groups, organizations, and institutions and therefore value fair treatment from the other party to the relationship. Specifically, highly committed members should have especially negative reactions to feeling that they were treated unfairly, more so than (1) less-committed group members or (2) highly committed members who felt that they were fairly treated.The prediction that people will react especially negatively when they previously felt highly committed but felt that they were treated unfairly also is consistent with the literature on psychological contracts. Rousseau suggested that, over time, the members of work organizations develop feelings of entitlement, i.e., perceived obligations that their employers have toward them. Those who are highly committed to the organization believe that they are fulfilling their contract obligations. However, if the organization acted unfairly, then highly committed individuals are likely to believe that the organization did not live up to its end of the bargain.For summarizing the passage, which of the following is most appropriate

When people react to their experiences with particular authorities, those authorities and the organizations or institutions that they represent often benefit if the people involved begin with high levels of commitment to the organization or institution represented by the authorities. First, in his studies of people's attitudes toward political and legal institutions, Tyler found that attitudes after an experience with the institution were strongly affected by prior attitudes. Single experiences influence post experience loyalty but certainly do not overwhelm the relationship between pre-experience and post experience loyalty. Thus, the best predictor of loyalty after an experience is usually loyalty before that experience.Second, people with prior loyalty to the organization or institution judge their dealings with the organization's or institution's authorities to be fairer than do those with less prior loyalty, either because they are more fairly treated or because they interpret equivalent treatment as fairer.Although high levels of prior organizational or institutional commitment are generally beneficial to the organization or institution, under certain conditions high levels of prior commitment may actually sow the seeds of reduced commitment. When previously committed individuals feel that they were treated unfavourably or unfairly during some experience with the organization or institution, they may show an especially sharp decline in commitment. Two studies were designed to test this hypothesis, which, if confirmed, would suggest that organizational or institutional commitment has risks, as well as benefits. At least three psychological models offer predictions of how individuals' reactions may vary as a function of (1) their prior level of commitment and (2) the favorability of the encounter with the organization or institution. Favorability of the encounter is determined by the outcome of the encounter and the fairness or appropriateness of the procedures used to allocate outcomes during the encounter. First, the instrumental prediction is that because people are mainly concerned with receiving desired outcomes from their encounters with organizations, changes in their level of commitment will depend primarily on the favorability of the encounter. Second, the assimilation prediction is that individuals' prior attitudes predispose them to react in a way that is consistent with their prior attitudes.The third prediction, derived from the group-value model of justice, pertains to how people with high prior commitment will react when they feel that they have been treated unfavorably or unfairly during some encounter with the organization or institution. Fair treatment by the other party symbolizes to people that they are being dealt with in a dignified and respectful way, thereby bolstering their sense of self-identity and self worth. However, people will become quite distressed and react quite negatively if they feel that they have been treated unfairly by the other party to the relationship. The group-value model suggests that people value the information they receive that helps them to define themselves and to view themselves favorably. According to the instrumental viewpoint, people are primarily concerned with the more material or tangible resources received from the relationship. Empirical support for the group-value model has implications for a variety of important issues, including the determinants of commitment, satisfaction, organizational citizenship, and rule following. Determinants of procedural fairness include structural or interpersonal factors. For example, structural determinants refer to such things as whether decisions were made by neutral, fact finding authorities who used legitimate decision making criteria. The primary purpose of the study was to examine the interactive effect of individuals (1) commitment to an organization or institution prior to some encounter and (2) perceptions of how fairly they were treated during the encounter, on the change in their level of commitment. A basic assumption of the group-value model is that people generally value their relationships with people, groups, organizations, and institutions and therefore value fair treatment from the other party to the relationship. Specifically, highly committed members should have especially negative reactions to feeling that they were treated unfairly, more so than (1) less-committed group members or (2) highly committed members who felt that they were fairly treated.The prediction that people will react especially negatively when they previously felt highly committed but felt that they were treated unfairly also is consistent with the literature on psychological contracts. Rousseau suggested that, over time, the members of work organizations develop feelings of entitlement, i.e., perceived obligations that their employers have toward them. Those who are highly committed to the organization believe that they are fulfilling their contract obligations. However, if the organization acted unfairly, then highly committed individuals are likely to believe that the organization did not live up to its end of the bargain.For summarizing the passage, which of the following is most appropriate

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Read the passage carefully and answer the question that follows.The most obvious aspect of the information explosion is the vast amount of information that is readily available to managers. There are two different dimensions to this information explosion. First, the information about the operations and performance of the organization that can now be tracked and relatively easily accessed would have been literally inconceivable just a decade ago. Second, the exponential growth of the internet affords access to information outside the organization to an extent and with an ease that defies the imagination. Instead of being constrained by the lack of needed information, the challenge has shifted to identify what is relevant from an overwhelming mass of available data.Within the organization, the integrated systems offered by software such as SAP and Oracle allow senior managers to “drill down” to the smallest transaction. While it is patently absurd for the CEO of a major company to go down to the detail of a trivial accounting transaction in a small and remote sales office, this access to operational information can be and is being put to effective use by top management.The availability of information on the Internet now makes competitive and industry analyses very' much easier and considerably more effective. While seated in Mumbai it is possible to get a handle on the leadership wrangles at Marks and Spencer in London and their impact on the company's international expansion plans, the financial market problems and political instability in South East Asia, and the consequent trends in Brazilian imports of Indian- made garments.Q. What has been the effect of information explosion as far as organizations are concerned?a)Information has caused some economic explosions by unearthing shady dealings.b)Information available on the net cannot be used as most of it is highly irrelevant.c)It has made industry and competitor positions easier to determine.d)With easy availability of information managers and CEOs have started going down to the details of smallest of the transactions.Correct answer is option 'C'. Can you explain this answer?
Question Description
Read the passage carefully and answer the question that follows.The most obvious aspect of the information explosion is the vast amount of information that is readily available to managers. There are two different dimensions to this information explosion. First, the information about the operations and performance of the organization that can now be tracked and relatively easily accessed would have been literally inconceivable just a decade ago. Second, the exponential growth of the internet affords access to information outside the organization to an extent and with an ease that defies the imagination. Instead of being constrained by the lack of needed information, the challenge has shifted to identify what is relevant from an overwhelming mass of available data.Within the organization, the integrated systems offered by software such as SAP and Oracle allow senior managers to “drill down” to the smallest transaction. While it is patently absurd for the CEO of a major company to go down to the detail of a trivial accounting transaction in a small and remote sales office, this access to operational information can be and is being put to effective use by top management.The availability of information on the Internet now makes competitive and industry analyses very' much easier and considerably more effective. While seated in Mumbai it is possible to get a handle on the leadership wrangles at Marks and Spencer in London and their impact on the company's international expansion plans, the financial market problems and political instability in South East Asia, and the consequent trends in Brazilian imports of Indian- made garments.Q. What has been the effect of information explosion as far as organizations are concerned?a)Information has caused some economic explosions by unearthing shady dealings.b)Information available on the net cannot be used as most of it is highly irrelevant.c)It has made industry and competitor positions easier to determine.d)With easy availability of information managers and CEOs have started going down to the details of smallest of the transactions.Correct answer is option 'C'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about Read the passage carefully and answer the question that follows.The most obvious aspect of the information explosion is the vast amount of information that is readily available to managers. There are two different dimensions to this information explosion. First, the information about the operations and performance of the organization that can now be tracked and relatively easily accessed would have been literally inconceivable just a decade ago. Second, the exponential growth of the internet affords access to information outside the organization to an extent and with an ease that defies the imagination. Instead of being constrained by the lack of needed information, the challenge has shifted to identify what is relevant from an overwhelming mass of available data.Within the organization, the integrated systems offered by software such as SAP and Oracle allow senior managers to “drill down” to the smallest transaction. While it is patently absurd for the CEO of a major company to go down to the detail of a trivial accounting transaction in a small and remote sales office, this access to operational information can be and is being put to effective use by top management.The availability of information on the Internet now makes competitive and industry analyses very' much easier and considerably more effective. While seated in Mumbai it is possible to get a handle on the leadership wrangles at Marks and Spencer in London and their impact on the company's international expansion plans, the financial market problems and political instability in South East Asia, and the consequent trends in Brazilian imports of Indian- made garments.Q. What has been the effect of information explosion as far as organizations are concerned?a)Information has caused some economic explosions by unearthing shady dealings.b)Information available on the net cannot be used as most of it is highly irrelevant.c)It has made industry and competitor positions easier to determine.d)With easy availability of information managers and CEOs have started going down to the details of smallest of the transactions.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Read the passage carefully and answer the question that follows.The most obvious aspect of the information explosion is the vast amount of information that is readily available to managers. There are two different dimensions to this information explosion. First, the information about the operations and performance of the organization that can now be tracked and relatively easily accessed would have been literally inconceivable just a decade ago. Second, the exponential growth of the internet affords access to information outside the organization to an extent and with an ease that defies the imagination. Instead of being constrained by the lack of needed information, the challenge has shifted to identify what is relevant from an overwhelming mass of available data.Within the organization, the integrated systems offered by software such as SAP and Oracle allow senior managers to “drill down” to the smallest transaction. While it is patently absurd for the CEO of a major company to go down to the detail of a trivial accounting transaction in a small and remote sales office, this access to operational information can be and is being put to effective use by top management.The availability of information on the Internet now makes competitive and industry analyses very' much easier and considerably more effective. While seated in Mumbai it is possible to get a handle on the leadership wrangles at Marks and Spencer in London and their impact on the company's international expansion plans, the financial market problems and political instability in South East Asia, and the consequent trends in Brazilian imports of Indian- made garments.Q. What has been the effect of information explosion as far as organizations are concerned?a)Information has caused some economic explosions by unearthing shady dealings.b)Information available on the net cannot be used as most of it is highly irrelevant.c)It has made industry and competitor positions easier to determine.d)With easy availability of information managers and CEOs have started going down to the details of smallest of the transactions.Correct answer is option 'C'. Can you explain this answer?.
Solutions for Read the passage carefully and answer the question that follows.The most obvious aspect of the information explosion is the vast amount of information that is readily available to managers. There are two different dimensions to this information explosion. First, the information about the operations and performance of the organization that can now be tracked and relatively easily accessed would have been literally inconceivable just a decade ago. Second, the exponential growth of the internet affords access to information outside the organization to an extent and with an ease that defies the imagination. Instead of being constrained by the lack of needed information, the challenge has shifted to identify what is relevant from an overwhelming mass of available data.Within the organization, the integrated systems offered by software such as SAP and Oracle allow senior managers to “drill down” to the smallest transaction. While it is patently absurd for the CEO of a major company to go down to the detail of a trivial accounting transaction in a small and remote sales office, this access to operational information can be and is being put to effective use by top management.The availability of information on the Internet now makes competitive and industry analyses very' much easier and considerably more effective. While seated in Mumbai it is possible to get a handle on the leadership wrangles at Marks and Spencer in London and their impact on the company's international expansion plans, the financial market problems and political instability in South East Asia, and the consequent trends in Brazilian imports of Indian- made garments.Q. What has been the effect of information explosion as far as organizations are concerned?a)Information has caused some economic explosions by unearthing shady dealings.b)Information available on the net cannot be used as most of it is highly irrelevant.c)It has made industry and competitor positions easier to determine.d)With easy availability of information managers and CEOs have started going down to the details of smallest of the transactions.Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for CAT. Download more important topics, notes, lectures and mock test series for CAT Exam by signing up for free.
Here you can find the meaning of Read the passage carefully and answer the question that follows.The most obvious aspect of the information explosion is the vast amount of information that is readily available to managers. There are two different dimensions to this information explosion. First, the information about the operations and performance of the organization that can now be tracked and relatively easily accessed would have been literally inconceivable just a decade ago. Second, the exponential growth of the internet affords access to information outside the organization to an extent and with an ease that defies the imagination. Instead of being constrained by the lack of needed information, the challenge has shifted to identify what is relevant from an overwhelming mass of available data.Within the organization, the integrated systems offered by software such as SAP and Oracle allow senior managers to “drill down” to the smallest transaction. While it is patently absurd for the CEO of a major company to go down to the detail of a trivial accounting transaction in a small and remote sales office, this access to operational information can be and is being put to effective use by top management.The availability of information on the Internet now makes competitive and industry analyses very' much easier and considerably more effective. While seated in Mumbai it is possible to get a handle on the leadership wrangles at Marks and Spencer in London and their impact on the company's international expansion plans, the financial market problems and political instability in South East Asia, and the consequent trends in Brazilian imports of Indian- made garments.Q. What has been the effect of information explosion as far as organizations are concerned?a)Information has caused some economic explosions by unearthing shady dealings.b)Information available on the net cannot be used as most of it is highly irrelevant.c)It has made industry and competitor positions easier to determine.d)With easy availability of information managers and CEOs have started going down to the details of smallest of the transactions.Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Read the passage carefully and answer the question that follows.The most obvious aspect of the information explosion is the vast amount of information that is readily available to managers. There are two different dimensions to this information explosion. First, the information about the operations and performance of the organization that can now be tracked and relatively easily accessed would have been literally inconceivable just a decade ago. Second, the exponential growth of the internet affords access to information outside the organization to an extent and with an ease that defies the imagination. Instead of being constrained by the lack of needed information, the challenge has shifted to identify what is relevant from an overwhelming mass of available data.Within the organization, the integrated systems offered by software such as SAP and Oracle allow senior managers to “drill down” to the smallest transaction. While it is patently absurd for the CEO of a major company to go down to the detail of a trivial accounting transaction in a small and remote sales office, this access to operational information can be and is being put to effective use by top management.The availability of information on the Internet now makes competitive and industry analyses very' much easier and considerably more effective. While seated in Mumbai it is possible to get a handle on the leadership wrangles at Marks and Spencer in London and their impact on the company's international expansion plans, the financial market problems and political instability in South East Asia, and the consequent trends in Brazilian imports of Indian- made garments.Q. What has been the effect of information explosion as far as organizations are concerned?a)Information has caused some economic explosions by unearthing shady dealings.b)Information available on the net cannot be used as most of it is highly irrelevant.c)It has made industry and competitor positions easier to determine.d)With easy availability of information managers and CEOs have started going down to the details of smallest of the transactions.Correct answer is option 'C'. Can you explain this answer?, a detailed solution for Read the passage carefully and answer the question that follows.The most obvious aspect of the information explosion is the vast amount of information that is readily available to managers. There are two different dimensions to this information explosion. First, the information about the operations and performance of the organization that can now be tracked and relatively easily accessed would have been literally inconceivable just a decade ago. Second, the exponential growth of the internet affords access to information outside the organization to an extent and with an ease that defies the imagination. Instead of being constrained by the lack of needed information, the challenge has shifted to identify what is relevant from an overwhelming mass of available data.Within the organization, the integrated systems offered by software such as SAP and Oracle allow senior managers to “drill down” to the smallest transaction. While it is patently absurd for the CEO of a major company to go down to the detail of a trivial accounting transaction in a small and remote sales office, this access to operational information can be and is being put to effective use by top management.The availability of information on the Internet now makes competitive and industry analyses very' much easier and considerably more effective. While seated in Mumbai it is possible to get a handle on the leadership wrangles at Marks and Spencer in London and their impact on the company's international expansion plans, the financial market problems and political instability in South East Asia, and the consequent trends in Brazilian imports of Indian- made garments.Q. What has been the effect of information explosion as far as organizations are concerned?a)Information has caused some economic explosions by unearthing shady dealings.b)Information available on the net cannot be used as most of it is highly irrelevant.c)It has made industry and competitor positions easier to determine.d)With easy availability of information managers and CEOs have started going down to the details of smallest of the transactions.Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of Read the passage carefully and answer the question that follows.The most obvious aspect of the information explosion is the vast amount of information that is readily available to managers. There are two different dimensions to this information explosion. First, the information about the operations and performance of the organization that can now be tracked and relatively easily accessed would have been literally inconceivable just a decade ago. Second, the exponential growth of the internet affords access to information outside the organization to an extent and with an ease that defies the imagination. Instead of being constrained by the lack of needed information, the challenge has shifted to identify what is relevant from an overwhelming mass of available data.Within the organization, the integrated systems offered by software such as SAP and Oracle allow senior managers to “drill down” to the smallest transaction. While it is patently absurd for the CEO of a major company to go down to the detail of a trivial accounting transaction in a small and remote sales office, this access to operational information can be and is being put to effective use by top management.The availability of information on the Internet now makes competitive and industry analyses very' much easier and considerably more effective. While seated in Mumbai it is possible to get a handle on the leadership wrangles at Marks and Spencer in London and their impact on the company's international expansion plans, the financial market problems and political instability in South East Asia, and the consequent trends in Brazilian imports of Indian- made garments.Q. What has been the effect of information explosion as far as organizations are concerned?a)Information has caused some economic explosions by unearthing shady dealings.b)Information available on the net cannot be used as most of it is highly irrelevant.c)It has made industry and competitor positions easier to determine.d)With easy availability of information managers and CEOs have started going down to the details of smallest of the transactions.Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Read the passage carefully and answer the question that follows.The most obvious aspect of the information explosion is the vast amount of information that is readily available to managers. There are two different dimensions to this information explosion. First, the information about the operations and performance of the organization that can now be tracked and relatively easily accessed would have been literally inconceivable just a decade ago. Second, the exponential growth of the internet affords access to information outside the organization to an extent and with an ease that defies the imagination. Instead of being constrained by the lack of needed information, the challenge has shifted to identify what is relevant from an overwhelming mass of available data.Within the organization, the integrated systems offered by software such as SAP and Oracle allow senior managers to “drill down” to the smallest transaction. While it is patently absurd for the CEO of a major company to go down to the detail of a trivial accounting transaction in a small and remote sales office, this access to operational information can be and is being put to effective use by top management.The availability of information on the Internet now makes competitive and industry analyses very' much easier and considerably more effective. While seated in Mumbai it is possible to get a handle on the leadership wrangles at Marks and Spencer in London and their impact on the company's international expansion plans, the financial market problems and political instability in South East Asia, and the consequent trends in Brazilian imports of Indian- made garments.Q. What has been the effect of information explosion as far as organizations are concerned?a)Information has caused some economic explosions by unearthing shady dealings.b)Information available on the net cannot be used as most of it is highly irrelevant.c)It has made industry and competitor positions easier to determine.d)With easy availability of information managers and CEOs have started going down to the details of smallest of the transactions.Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice CAT tests.
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