Without resources, organizations would cease to exist
Physical resources
Tangible and easily identified (raw materials, building, warehouse, machines/factories, and transportations)
Conceptual resources
Non-tangible and are more valuable for what they represent than physical makeup (money & human resources)
Information as a resource
Facts that are provided/learned, Valuable and has a life cycle, From transforming and processing raw materials to finished products (weather forecasting and academic grades)
Processed data
Organized and has an additional value kind of information
Information can be
Expandable
Compressible
Transportable
Diffusive
Shareable
Characteristics of valuable information
Accurate
Complete
Economical
Reliable
Flexible
Relevant
Simple
Timely
Verifiable
Accessible
Secure
Economics
Study of how society uses limited resources, Social science that deals with goods/services
Good
Experience good if consumers experienced it to value it (free taste)
Information strategies
Browsing previews
Branding
Reputation
Pre-determined information lessens difficulty in decision-making
Reasons for information overload
Easy duplication & transmission of information
Increase in communication methods
Growth archives of historical information
More than half of the world uses internet (7% increase)
Filipinos spend the most time on social media for 3 years in a row (Q4/day)
More than two-thirds of the world's population has mobile/smartphones
More than half of the world's web traffic comes from mobile phones
More than 60% of mobile connections are broadband
More than 1 in 5 of the world's population shopped online (past 30 days)
Mobile social media
Access to social media sites/mobile devices
Mobile commerce/M-commerce
Delivery of electronic commerce capabilities via wireless technologies
Industries + M-commerce
Financial services
Mobile ticketing
Service/retail
Information services
Information control
Only allow authorized users to access information, Exclusive rights - control information dissemination
Software piracy
Unauthorized copy/distribution of copyrighted software
Intangible assets of exclusive rights are recognized, Creation/product of human mind rights
Intellectual property code of the Philippines (RA NO.8293 s. 1998)
Copyrights and related rights
Trademark and service marks
Geographic indications
Industrial design
Patents
Layout designs of integrated circuits (ICs)
Protection of undisclosed information
Intellectual Property Office of the Philippines is the agency in implementation of the law protecting intellectual property rights
Copyright
Exclusive right in exchange for public disclosure of the work, Protection for original expression recorded/stored at the National Library/The Supreme Court Library (R.A. 10372, 2013)
Digital rights
Permission to perform actions via electronic devices
Digital rights management
Author/publisher exerts rights to control
Techniques to control access/reproduction of online information
Encryption
Serial keys
Scrambling
Tag embedding
Patent
Exclusive rights to an inventor/patentee
Trademark
Distinctive sign to identify products/services from others
Protection of undisclosed information
Trade secrets - industry secrets, Non-disclosure agreements (NDAs)
Data Privacy Act 10173 was enacted in 2012 under President Benigno Aquino II
Security incident
Events that affects data protection (availability, integrity, confidentiality)
Personal data breach
Subset of security breach that leads to accidental/unlawful access to personal data