Answer:
TRUE
Explanation:
You need to know something about the hierarchy and culture of the company in order to understand how a specific business firm uses information systems because generally, information flows upwards in an organisation via the hierarchical structure.
The flow of Information passes through each level of the hierarchy to the top. Then follows the assessment of such received information, and dependent on the outcome of the information assessment, a decision is made.
Also, just like information flows upwards through the hierarchy, so also does decision flow up via the hierarchical structure to the bottom or the point where the decision is to be implemented.
Hence, it is true that you need the knowledge of an organisation's hierarchy in order to understand the flow of information.
It is true that business analytics is defined as the analysis of data to better solve business problems.
<h3>What is business analytics?</h3>
Business Analytics is the process whereby businesses use statistical methods and technologies for analyzing data to aid decision making.
The goal of business analytics are:
- To determine which datasets are useful and how they can be leveraged to solve problems.
- To increase efficiency, productivity and revenue.
Therefore, business analytics is defined as the analysis of data to better solve business problems.
Learn more about business analytics here: brainly.com/question/8302926
The informal communication also known as grapevine, consists of the unofficial but influential means of communication, decision marking, and control that are part of the habitual way things get done in an organization. This type of communication can take place with face-to-face communication, email, text messages and phone calls. Formal communication, is a more structured form of communicating in the work place.
