Business Info & IT v4

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    M. McGowan

    Business Information andBusiness Information and

    Information and IT inInformation and IT inBusinessBusiness

    Higher Business ManagementHigher Business Management

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    January 8January 8thth 1815. General Andrew Jackson1815. General Andrew Jacksonled US troops to a victory over the Britishled US troops to a victory over the Britishin the War of 1812.in the War of 1812.

    More than 2,000 men died in the Battle ofMore than 2,000 men died in the Battle ofNew OrleansNew Orleans

    Sadly a peace had been made 2 weeksSadly a peace had been made 2 weeks

    earlier called the Treaty of Ghent.earlier called the Treaty of Ghent. Communication and information are key inCommunication and information are key in

    life and business.life and business.

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    TodayToday

    Sources of InformationSources of Information

    Types of InformationTypes of Information

    Qualitative and QuantitativeQualitative and Quantitativeinformationinformation

    Value of InformationValue of Information

    Uses of information in businessUses of information in business

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    Sources of InformationSources of Information

    PrimaryPrimar

    y information collected by the information collected by thebusiness itself. Sometimes called Fieldbusiness itself. Sometimes called Field

    research. It is first hand information.research. It is first hand information.

    Examples: Market Research data,Examples: Market Research data,Consumer ResearchConsumer Research

    SecondarySeconda

    ry information already information alreadypublished. Also called Desk research.published. Also called Desk research.

    Examples: Government Reports,Examples: Government Reports,

    MINTEL ReportsMINTEL Reports

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    Sources of InformationSources of Information

    InternalInternal information collected information collectedwithin the business.within the business.

    Examples: Employee or customerExamples: Employee or customer

    recordsrecords

    ExternalExternal information collected information collected

    from outside the business.from outside the business. Examples: National Statistics,Examples: National Statistics,

    Rivals accountsRivals accounts

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    More sourcesavailable thanprimary

    May have afinancial cost

    External

    Reliable,verifiable

    No financial costsInternal

    Easy to obtain,

    wider numberof sources

    Less expensive

    than primary,may not berelevant

    Secondary

    Reliable,verifiableexpensivePrimary

    Benefits +Costs -Type of Info

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    a)a) What is primaryWhat is primary

    information?information?

    b)b) What is secondaryWhat is secondaryinformation?information?

    c)c) What is internalWhat is internalinformation?information?

    d)d) What is externalWhat is externalinformation?

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    a)a) Choose 2 different sources ofChoose 2 different sources of

    information. Describe theseinformation. Describe thesesources and give an example ofsources and give an example of

    each oneeach one

    b)b) Identify at least one cost and oneIdentify at least one cost and onebenefit of the sources ofbenefit of the sources of

    information chosen in question a)information chosen in question a)

    c)c) List at least 3 different types ofList at least 3 different types ofinformationinformation

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    a)a) List at least 5 characteristicsList at least 5 characteristics

    of good informationof good information

    b)b) Complete the grid on sourcesComplete the grid on sourcesof information available onof information available on

    the work areathe work area

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    Types of InformationTypes of Information

    WrittenWritten info presented on paper or info presented on paper or

    computer screencomputer screen

    OralOral info communicated by voice info communicated by voice

    PictorialPictorial info displayed by a photo or info displayed by a photo or

    picturepicture

    GraphicalGraphical info displayed as a graph info displayed as a graph

    or chartor chart

    NumericalNumerical info presented in numbers info presented in numbers

    rather than textrather than text

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    Qualitative & QuantitativeQualitative & Quantitative

    InfoInfo Qualitative information is descriptive inQualitative information is descriptive in

    nature and includes peoples feelings andnature and includes peoples feelings andattitudes towards a topic.attitudes towards a topic.

    Example: Why is Cheese & Onion yourExample: Why is Cheese & Onion yourfavourite flavour of crisps?favourite flavour of crisps?

    Quantitative information is measurable andQuantitative information is measurable and

    expressed numerically. It deals in facts andexpressed numerically. It deals in facts andfigures.figures.

    Example: How often do you eat a packet ofExample: How often do you eat a packet ofcrisps in a week?crisps in a week?

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    Value of InformationValue of Information

    AccuracyAccuracy is it correct? is it correct?

    TimelinessTimeliness is it up-to-date and is it up-to-date andreliable?reliable?

    CompletenessCompleteness are there any are there anyomissions?omissions?

    A ro riatenessAppropriateness is it relevant?is it relevant?

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    Value of InformationValue of Information

    AvailabilityAvailability is it at hand when is it at hand whenneeded? Easy to obtain?needed? Easy to obtain?

    CostCost is it expensive to collect? is it expensive to collect?

    ObjectivityObjectivity is it free from bias? is it free from bias?

    ConcisenessConciseness is it straight to the is it straight to thepoint?point?

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    RecapRecap

    Sources of InformationSources of Information

    Types of InformationTypes of Information

    Qualitative and QuantitativeQualitative and Quantitativeinformationinformation

    Value of InformationValue of Information

    Uses of information in businessUses of information in business

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    Today Types of ITToday Types of IT

    MainframeMainframe PC and LaptopsPC and Laptops NetworksNetworks

    EmailEmail VideoconferencingVideoconferencing InternetInternet

    CAMCAM CD/DVDCD/DVD EPOSEPOS

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    MainframeMainframe

    Large, powerfulLarge, powerful

    supercomputerssupercomputers

    (like Cray) capable(like Cray) capable

    of multi-taskingof multi-tasking

    Used mainly forUsed mainly for

    scientific andscientific andengineeringengineering

    purposes.purposes.

    NASA is one suchNASA is one such

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    Mainframe +/-Mainframe +/-

    ++

    EnormousEnormous

    memorymemory

    Vast processingVast processingpowerpower

    Extremely fastExtremely fast

    --

    Hugely expensiveHugely expensive

    IncreasingIncreasing

    dependencydependency

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    PC and LaptopsPC and Laptops

    Home, Office orHome, Office ormobile computersmobile computers

    Now haveNow have

    Notebooks andNotebooks andPalmtopsPalmtops Have hingedHave hinged

    screenscreen

    LCD displayLCD display Battery poweredBattery powered Trackpad insteadTrackpad instead

    of mouseof mouse

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    PC and Laptops +/-PC and Laptops +/-

    ++

    Good value forGood value for

    moneymoney

    Ever increasingEver increasingcapacity andcapacity and

    processing powerprocessing power

    --

    Short shelf lifeShort shelf life

    Prone to virusesProne to viruses

    and breakdownsand breakdowns

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    NetworksNetworks

    LANs (Local AreaLANs (Local AreaNetworks) areNetworks) arelinked to alinked to ageographicallygeographicallyclose server.close server.

    WANs (Wide AreaWANs (Wide Area

    Networks) useNetworks) usetelecommunicatiotelecommunications such as cablens such as cableand satellite toand satellite tolink up acrosslink up acrosscontinentscontinents

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    Networks +/-Networks +/-

    ++

    Employees linkedEmployees linked

    togethertogether

    Share data andShare data andfilesfiles

    --

    ServerServer

    breakdownsbreakdowns

    Prone to virusesProne to viruses

    Reliance onReliance on

    backupsbackups

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    a)a) List at least 3 examples ofList at least 3 examples of

    information technology in useinformation technology in usetodaytoday

    b)b) What is a mainframe computerWhat is a mainframe computer

    and why is its use in modernand why is its use in modernbusiness less widespread than inbusiness less widespread than in

    the 1970s?the 1970s?

    c)c) What is a LAN? What is a WAN?What is a LAN? What is a WAN?How are they different?How are they different?

    d)d) How might a modern businessHow might a modern business

    make use of different types ofmake use of different types of

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    E-mailE-mail

    Transfer of text,Transfer of text,

    graphics andgraphics and

    other informationother information

    betweenbetweencomputer userscomputer users

    via telephonevia telephone

    lines.lines.

    Requires internetRequires internet

    access and validaccess and valid

    email addressemail address

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    E-mail +/-E-mail +/-

    ++

    InstantInstant

    communicationcommunication

    Same messageSame messagecan be sent tocan be sent to

    many peoplemany people

    Cost-effectiveCost-effective

    --

    Junk mailJunk mail

    Staff may abuseStaff may abuse

    useuse VirusesViruses

    E-mail has sameE-mail has same

    legal liability aslegal liability aswritten materialwritten material

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    a)a) What does ICT stand for and whatWhat does ICT stand for and what

    does it mean?does it mean?b)b) Give 3 examples of modernGive 3 examples of modern

    telecommunications networkstelecommunications networks

    c)c) Explain how they workExplain how they workd)d) Give 2 advantages and 2Give 2 advantages and 2

    disadvantages of emaildisadvantages of email

    e)e) How might a business use ICT toHow might a business use ICT toexpand its operations?expand its operations?

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    VideoconferencingVideoconferencing

    Sound and visionSound and vision

    linking of peoplelinking of people

    at differentat different

    locationslocations

    Enables a virtualEnables a virtual

    meeting betweenmeeting between

    people withoutpeople without

    having to travelhaving to travel

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    Videoconferencing +/-Videoconferencing +/-

    ++

    SavesSaves

    accommodationaccommodation

    and traveland travel Saves travellingSaves travelling

    timetime

    RelativelyRelativelyinexpensiveinexpensive

    --

    Poor connectionsPoor connections

    Time lagsTime lags

    Hard to pick upHard to pick up

    body languagebody language

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    InternetInternet

    InternationalInternational

    network ofnetwork of

    computerscomputers

    In existence sinceIn existence since1969!1969!

    Main uses:Main uses: E-mailE-mail

    NewsgroupsNewsgroups

    Sharing InformationSharing Information

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    InternetInternet

    ++

    Access to vastAccess to vast

    amounts ofamounts of

    informationinformation Access to widerAccess to wider

    global marketglobal market

    --

    Check reliabilityCheck reliability

    of informationof information

    VirusesViruses Staff may abuseStaff may abuse

    accessaccess

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    Interactive CD or DVD +/-Interactive CD or DVD +/-

    ++

    Cheaper thanCheaper than

    using consultantsusing consultants

    One-on-one -One-on-one -More involving forMore involving for

    staffstaff

    --

    EmployeesEmployees

    unsupervisedunsupervised

    Finite questionsFinite questions No human contactNo human contact

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    Computer AidedComputer Aided

    ManufactureManufacture Computers andComputers and

    robots used torobots used to

    control machinescontrol machines

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    CAM +/-CAM +/-

    ++

    Saves labourSaves labour

    costscosts

    Consistent qualityConsistent quality TwentyfoursevenTwentyfourseven

    productionproduction

    --

    CostlyCostly

    breakdownsbreakdowns

    Cant think forCant think forthemselvesthemselves

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    EPOSEPOS

    Electronic Point ofElectronic Point of

    SaleSale

    Allows an electronicAllows an electronicrecord kept of allrecord kept of all

    purchases andpurchases and

    returnsreturns

    EFTPOS is whenEFTPOS is when

    Switch and Delta areSwitch and Delta are

    used. (Electronicused. (Electronic

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    EPOS +/-EPOS +/-

    ++

    RecordsRecords

    purchases &purchases &

    returnsreturns Aids stock controlAids stock control

    Can be used forCan be used for

    market researchmarket research

    --

    Barcodes may beBarcodes may be

    faultyfaulty

    Information has toInformation has tobe enteredbe entered

    correctly oncorrectly on

    BarcodeBarcode

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    Recap Types of ITRecap Types of IT

    MainframeMainframe PC and LaptopsPC and Laptops NetworksNetworks

    EmailEmail VideoconferencingVideoconferencing InternetInternet

    CAMCAM CD/DVDCD/DVD EPOSEPOS

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    TodayToday

    DatabaseDatabase SpreadsheetSpreadsheet

    Word ProcessingWord Processing

    Desktop PublishingDesktop Publishing

    Presentation PackagesPresentation Packages

    Computer-aided designComputer-aided design

    Decision-making packagesDecision-making packages

    Project Mangement PackagesProject Mangement Packages

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    DatabaseDatabase

    DatabaseDatabase data datasaved andsaved andorganised in anorganised in anelectronic filingelectronic filingsystemsystem

    Keeping andKeeping andsorting recordssorting records

    Searching forSearching forinformationinformation Filing reportsFiling reports Mail mergeMail merge

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    SpreadsheetSpreadsheet

    SpreadsheetSpreadsheet --an electronican electronicworksheet used toworksheet used tomanage numbersmanage numbersand carry outand carry outcalculations.calculations.

    Produces chartsProduces chartsand graphsand graphs

    What if scenariosWhat if scenarios Budgets, wages,Budgets, wages,

    sales figures,sales figures,

    estimatesestimates

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    Word ProcessingWord Processing

    WordWord

    ProcessingProcessing an an

    electronicelectronic

    typewritertypewriter Prepare letters,Prepare letters,

    memos, reportsmemos, reports

    Edit textEdit text

    Graphics andGraphics and

    imagesimages

    Mail mergeMail merge

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    Desktop PublishingDesktop Publishing

    Desktop PublishingDesktop Publishing

    package that allowspackage that allows

    professional documentsprofessional documents

    to be createdto be created Text, graphics, andText, graphics, and

    imagesimages

    High quality documentsHigh quality documents

    Magazines, newsletters,Magazines, newsletters,

    price lists, posters,price lists, posters,

    forms, booklets,forms, booklets,

    manuals, catalogues,manuals, catalogues,

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    Presentation PackagesPresentation Packages

    PresentationPresentationPackagesPackages projects an imageprojects an imageonto large screenonto large screen

    Used forUsed forpresentationspresentations

    Can use audioCan use audio

    and movie clipsand movie clips Easily availableEasily available

    handouts andhandouts andnotesnotes

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    Computer-aided DesignComputer-aided Design

    Computer-aidedComputer-aidedDesign (CAD)Design (CAD)

    computerised processcomputerised process

    for creating new partsfor creating new parts

    or products or alteringor products or altering

    existing onesexisting ones

    Mainly used byMainly used by

    architects, designersarchitects, designersand engineersand engineers

    Also used in animationAlso used in animation

    and in simulationsand in simulations

    Alterations can beAlterations can be

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    Decision-Making PackagesDecision-Making Packages

    Decision-Decision-

    MakingMaking

    PackagesPackages

    analytical toolsanalytical toolsfor managersfor managers

    ProducesProduces

    statistics andstatistics and

    graphsgraphs Helps managersHelps managers

    evaluateevaluate

    informationinformation

    P j t M tP j t M t

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    Project ManagementProject Management

    PackagesPackages ProjectProject

    ManagementManagement

    PackagesPackages enables enables

    project teams to co-project teams to co-ordinate activitiesordinate activities

    Details budgetsDetails budgets

    Team member tasksTeam member tasks

    Records resourcesRecords resources

    used or allocatedused or allocated

    Time deadlinesTime deadlines

    Progress reportsProgress reports

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    a)a) List 5 types of business softwareList 5 types of business software

    b)b) Identify 3 facilities provided by aIdentify 3 facilities provided by a

    word processing programword processing programc)c) Identify 3 facilities provided by aIdentify 3 facilities provided by a

    spreadsheet programspreadsheet program

    d)d) Identify 3 facilities provided by aIdentify 3 facilities provided by adatabase programdatabase program

    e)e) Identify 3 facilities provided by a deskIdentify 3 facilities provided by a desk

    top publishing programtop publishing programf)f) What kind of organisation might useWhat kind of organisation might use

    a decision making package?a decision making package?

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    RecapRecap

    DatabaseDatabase SpreadsheetSpreadsheet

    Word ProcessingWord Processing

    Desktop PublishingDesktop Publishing

    Presentation PackagesPresentation Packages

    Computer-aided designComputer-aided design

    Decision-making packagesDecision-making packages

    Project Mangement PackagesProject Mangement Packages

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    TodayToday

    Benefits of ITBenefits of IT Costs of ITCosts of IT

    Benefits of SoftwareBenefits of Software

    Costs of SoftwareCosts of Software

    Uses of ITUses of IT

    Effects of IT on employeesEffects of IT on employees

    Effects of IT on organisationsEffects of IT on organisations

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    Benefits of ITBenefits of IT

    Increases productivityIncreases productivity Reduces wasteReduces waste Increases speed of workIncreases speed of work Improves accuracy and qualityImproves accuracy and quality Increases access to informationIncreases access to information Improves communication &Improves communication &

    decision-makingdecision-making Saves floor spaceSaves floor space

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    Costs of ITCosts of IT

    Costly to develop, install and maintainCostly to develop, install and maintain

    Training staff is costly and timelyTraining staff is costly and timely

    Introduction may not be easyIntroduction may not be easy

    Requires new skillsRequires new skills

    Breakdowns very costly andBreakdowns very costly and

    inconvenientinconvenient Deskilled workers leads to lowDeskilled workers leads to low

    motivationmotivation

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    Benefits of SoftwareBenefits of Software

    Information can be handled veryInformation can be handled very

    quicklyquickly

    Speed and quality of decision-Speed and quality of decision-

    making improvedmaking improved

    Fewer errors made makingFewer errors made making

    calculationscalculations

    Improved accuracy and qualityImproved accuracy and quality

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    Costs of SoftwareCosts of Software

    Expensive to buyExpensive to buy

    Staff training required and costlyStaff training required and costly

    Staff learning curve can be costlyStaff learning curve can be costlyTime can be lost due to glitchesTime can be lost due to glitches

    External threats - virusesExternal threats - viruses

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    Uses of ITUses of IT

    Assists decision-makingAssists decision-making

    Assists with providing informationAssists with providing informationfor stafffor staff

    Helps maintain complete andHelps maintain complete and

    accurate business recordsaccurate business records

    Aids effective communicationAids effective communication

    within an organisationwithin an organisation

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    Effects of IT on EmployeesEffects of IT on Employees

    Greater productivityGreater productivity

    Retraining requiredRetraining required Changes in customer relations Changes in customer relations

    more impersonal yet quickermore impersonal yet quicker

    responseresponse

    Less personal contactLess personal contact

    Effects of IT onEffects of IT on

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    Effects of IT onEffects of IT on

    OrganisationOrganisation Decentralisation possibleDecentralisation possible

    Additional departments/jobs mayAdditional departments/jobs may

    be createdbe created

    Fewer staff requiredFewer staff required

    Changes to span of control Changes to span of control

    narrower due to less staff or widernarrower due to less staff or wider

    due to autonomy of staffdue to autonomy of staff

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    a)a) List 2 ways in which usingList 2 ways in which usingInternet banking servicesInternet banking services

    benefits an organisationbenefits an organisation

    b)b) How does the use if internetHow does the use if internet

    banking facilities help firmsbanking facilities help firms

    operate globally?operate globally?

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    RecapRecap

    Benefits of ITBenefits of IT Costs of ITCosts of IT

    Benefits of SoftwareBenefits of Software

    Costs of SoftwareCosts of Software Uses of ITUses of IT

    Effects of IT on employeesEffects of IT on employees

    Effects of IT on organisationsEffects of IT on organisations

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    INTRODUCTIONINTRODUCTION

    - A new Data Protection Act was- A new Data Protection Act was

    passed in 1998 which supersedespassed in 1998 which supersedes

    the 1984 Act, which will bethe 1984 Act, which will be

    repealed.repealed.

    There are eight Data ProtectionThere are eight Data Protection

    Principles in the Act. However, thePrinciples in the Act. However, thenew Principles are not exactly thenew Principles are not exactly the

    same as those in the 1984 Act.same as those in the 1984 Act.

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    1. FIRST PRINCIPLE1. FIRST PRINCIPLE

    "Personal data shall be processed fairly"Personal data shall be processed fairly

    and lawfully."and lawfully." 2. SECOND PRINCIPLE2. SECOND PRINCIPLE

    "Personal data shall be obtained only for"Personal data shall be obtained only for

    specified and lawful purposes, and shallspecified and lawful purposes, and shallbe processed only in a mannerbe processed only in a manner

    compatible with those purposes."compatible with those purposes."

    3. THIRD PRINCIPLE3. THIRD PRINCIPLE

    "Personal data shall be adequate,"Personal data shall be adequate,relevant and not excessive in relation torelevant and not excessive in relation to

    the purposes for which they arethe purposes for which they are

    processed."processed."

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    4. FOURTH PRINCIPLE4. FOURTH PRINCIPLE "Personal data shall be accurate"Personal data shall be accurate

    and, where necessary, kept up toand, where necessary, kept up todate".date".

    5. FIFTH PRINCIPLE5. FIFTH PRINCIPLE

    "Personal data processed for any"Personal data processed for anypurposes shall not be kept forpurposes shall not be kept forlonger than is necessary for thoselonger than is necessary for thosepurposes".purposes".

    6. SIXTH PRINCIPLE6. SIXTH PRINCIPLE "Personal data shall be processed"Personal data shall be processed

    in accordance with the rights ofin accordance with the rights of

    data subjects under this Act."data subjects under this Act."

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    7. SEVENTH PRINCIPLE7. SEVENTH PRINCIPLE "Appropriate technical and"Appropriate technical and

    organisational measures shall be takenorganisational measures shall be takenagainst unauthorised or unlawfulagainst unauthorised or unlawfulprocessing of personal data and againstprocessing of personal data and againstaccidental loss or destruction of, oraccidental loss or destruction of, ordamage to, personal data."damage to, personal data."

    8. EIGHTH PRINCIPLE8. EIGHTH PRINCIPLE "Personal data shall not be transferred"Personal data shall not be transferred

    to a country or territory outside theto a country or territory outside the

    European Economic Area, unless thatEuropean Economic Area, unless thatcountry or territory ensures ancountry or territory ensures anadequate level of protection for theadequate level of protection for therights and freedoms of data subjects inrights and freedoms of data subjects inrelation to the processing of personalrelation to the processing of personaldata."data."

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    a)a) What is the scope of the DataWhat is the scope of the Data

    Protection Act 1998?Protection Act 1998?

    b)b) List at least 5 Data ProtectionList at least 5 Data Protection

    PrinciplesPrinciples

    c)c) What is the maximum time limitWhat is the maximum time limit

    that an organisation has tothat an organisation has to

    respond to a request forrespond to a request for

    information?information?

    d)d) List at least two circumstancesList at least two circumstances

    where an individual could bewhere an individual could be

    refused access to informationrefused access to information