Information overload in business organizations and entrepreneurship: An analytical review of the literature

2021 ◽  
pp. 026638212110549
Author(s):  
CA(Dr.) Gaurav Bhambri

In this paper I analytically review the literature on the information overload problem, with special reference to the business organizations and entrepreneurship and the study mainly reveals that the problem of the information overload has been existed for many years, whereas in current years the problem has become more clearly recognized and experienced. A concern stressed in the literature is the paradoxical situation that most probably there is an abundance of information available and it is often difficult to obtain useful, and relevant information when it may be needed. Both perceptions and the actual effects of information overload have exacerbated by rapid advances made in the information and communication technology, whereas it is not clear cut as to whether Internet has worsened/improved the situation. Some solutions have put forward to reduce the information overload are a reduction in duplication of the information found in professional literature; the adoption of the personal information management strategies, along with the integration of software solutions such as push technology and intelligent agents; and the provision of value-added information. Main emphasis is placed on the technology as a tool and not driver, while increased in information literacy may provide key to reducing the information overload in organisations.

2014 ◽  
Vol 18 (1) ◽  
Author(s):  
Lorna R. Kearns ◽  
Barbara A. Frey ◽  
Christinger Tomer ◽  
Susan Alman

The literature suggests that personal information management is a serious challenge for many computer users. Online faculty are especially challenged because of the large number of electronic files necessitated by teaching online. Those who have experience in this environment may offer valuable insights regarding information management challenges and practices. Faculty who teach online courses as part of the WISE (Web-based Information Science Education) Consortium responded to a survey that questioned the ways they manage email, computer desktop, Web-based information and learning management systems. The authors concluded that “filter failure” rather than information overload is the key issue in information management. The study concludes with a list of recommendations for faculty to manage their personal information.


2019 ◽  
Vol 31 (3) ◽  
pp. 231-249 ◽  
Author(s):  
Tobias Tempel ◽  
Claudia Niederée ◽  
Christian Jilek ◽  
Andrea Ceroni ◽  
Heiko Maus ◽  
...  

Abstract Inhibition is one of the core concepts in Cognitive Psychology. The idea of inhibitory mechanisms actively weakening representations in the human mind has inspired a great number of studies in various research domains. In contrast, Computer Science only recently has begun to consider concepts such as digital forgetting or suppression of irrelevant information to complement activation and highlighting of relevant information. Here, we review psychological research on inhibition in memory and link the gained insights with the current efforts and opportunities in Computer Science of incorporating inhibitory principles for reducing information overload and improving information retrieval in Personal Information Management. Four common aspects guide this review in both domains: (i) the purpose of inhibition to increase processing efficiency; (ii) its relation to activation; (iii) its links to contexts; (iv) its temporariness. In summary, the principle of suppressing information has been used by Computer Science for enhancing software in some ways already. Yet, we consider how novel methods for reducing information overload can be inspired by a more systematic involvement of the inhibition concept.


2013 ◽  
Vol 20 (1) ◽  
pp. 63-78
Author(s):  
Maria Inês de Oliveira Martins

Abstract The need of private insurers for information on the candidate’s health risks is recognized by the law, which places pre-contractual duties of disclosure upon the candidates. When the risks are influenced by health factors, e.g. in the case of life- and health insurances, it implies the provision of health information by the candidates, who thus voluntarily limit their right to privacy. This consent, however, often happens in a context of factual coercion to contract. Next to this, from a legal standpoint, the collection of personal information must respond to the principle of proportionality. Against this background, this article assesses the compatibility of questionnaire techniques that rely on open-ended health related questions with the right to privacy, as protected by Portuguese and international law. It then analyses the extent of pre-contractual duties of disclosure as defined by the Portuguese Insurance Act, which requires the candidate to volunteer all the relevant information independently of being asked for it. In doing so, the article also refers to some other European countries. It concludes that the relevant Portuguese legislation is incompatible both with Portuguese constitutional law and with international law.


2021 ◽  
Author(s):  
Jordan Kern ◽  
Nathalie Voisin ◽  
Sean Turner ◽  
Hongxiang Yan ◽  
Konstantinos Oikonomou

<p>Given the wide range of institutional and market contexts in which hydroelectric dams are operated, determining the value added from improvements in hydrologic forecasts is a challenge. Many previous examples of hydrologic forecasts being used to optimize hydropower production strategies at dams focus on a single reservoir system or watershed, with a key assumption that the marginal value of hydropower production is exogenously-defined (dams are ‘price takers’ in markets for electricity that exhibit no market power). In some cases, this may accurately reflect current institutional boundaries and decision making processes. However, with increased attention being paid to how more coordinated grid management strategies, including management of hydropower assets, could facilitate deep integration of renewable energy, it is critical to understand how the use of improved hydrologic forecasts could produce wider grid-scale benefits, including  lower costs and emissions. In this study, we quantify the value of streamflow forecasts to a centralized power system operator in charge of coordinating sub-weekly operations of hydropower assets, using the Western U.S. as a case study. We propagate flow forecasts through realistic models of reservoir operations and models of bulk power systems/wholesale electricity markets. Our results shed light on how the value of flow forecasts to grid operations can vary across regions and power systems. They also highlight the potential for conflicts between firm-specific objectives (profit maximization) and system-wide objectives (minimization of costs and emissions) when determining value added from hydrologic forecasts.  </p>


Author(s):  
Alireza Shirazi ◽  
Mikaeil Molazadeh ◽  
Ahad Zeinali ◽  
Ghazale Geraily

In this study, the purpose was to investigate Personal Information Management (PIM) activity rate regardingfourPIM aspects o f acquisition, maintenance, organization, and retrieval o f faculty members in three universities, i.e., Tehran University o f Medical Science (TUMS), Iran University o f Medical Sciences (lUMS), and Shahid Beheshti University o f Medical Sciences (SBUMS). The relationship between PIM use and workplace, academic rank, and gender factors were also studied. A Persian-language questionnaire was used to measure PIM performance of participants. Data were analysed using statistical tests. Findings showed that most o f the participants preferred desktop computers for saving theirpersonal digital information. Also, the percentage of PIM use by the faculty members was reported as 50-75%. However, no significant associations between PIM use by the faculty members and their workplace, academic rank, andgenderwerefound.


Wider web space, the searching of a relevant data is the most curious problem for the common people accessing the web. For retreving the relevant information the user request is given to search engine. The relevant pages combined with irrelevant pages are returned to the user. The proposed work emphasizes an Improved Memetic Algorithm Enabled Intelligent Multi Agent (IMAEIMA) for searching the most appropriate pages when submitting complex queries. Improved Memetic algorithm is the traditional genetic algorithm combined with local search and random selection. In this proposed system Improved Memetic algorithm additionally enhanced with logarithmic weight function for more accuracy. Intelligent Agents are introduced in this IMAEIMA to improve its performance and accuracy by reacting intelligently based on feedback and previous experience. This system helps to retrieve relevant pages from web databases with high precision and recall. The derived architecture reveals greater precision and recall overriding the conventional search algorithms.


Author(s):  
Mulinari Jéssica ◽  
Júnior Afonso Henrique da Silva ◽  
Oliveira Carlos Rafael Silva de ◽  
Júnior Francisco Wilson Reichert

Oily wastewater from agro-industries can cause severe environmental and public health damages if unproperly treated. The conventional methods have several limitations for the treatment of oily wastewaters since the oil fraction can cause pipe clogging and biomass washout during the biological step. Based on this, the use of lipases can increase the oil removal efficiency of the treatments, minimizing operational problems,and improving the performance of the biological process. Lipases can also be used for the valorization of the oily wastewaters, transforming these waste streams intovaluable compounds, such as biodiesel, lubricants, antioxidant agents, etc. The use of wastes for the production of value-added compounds followsthe circular economy approach, minimizing the generation of residues and potential environmental liabilities. Thus, this study aims to give a general overview of themain topics related to thetreatment and valorization of oily wastewaters using lipases. The main characteristics of oily wastewaters from agro-industries areaddressed, as well as the most used conventional techniques for their treatment. Some relevant information about the enzyme lipaseisalso discussed to give the reader a background about how these enzymes can be applied for the treatment and transformation of oily wastes.


2019 ◽  
Author(s):  
Lisa Schilhan ◽  
Christian Kaier

In times of an ever-increasing information overload, Academic Search Engine Optimization (ASEO) supports findability of relevant information and contributes to the FAIR principles. It enhances efficiency in literature and data search and therefore plays an increasing role in the research lifecycle. ASEO is an important aspect to consider when preparing a scientific manuscript for publication. Authors can increase the visibility of their papers in library catalogues, databases, repositories and search engines with simple measures like choosing informative author keywords. The more (meta-)data these search algorithms can use, the higher the probability that a data set or paper will show up in a result list. ASEO enables search algorithms and readers to quickly and unambiguously identify relevant content, thus also helping institutions to increase research visibility. In addition, authors and publishers share an interest in describing content in a way that makes it easy to find it. Librarians, with their extensive knowledge and wealth of experience in literature research and metadata management such as keyword assignment, can provide valuable advice on the role of as correct and complete metadata as possible and on suitable keywords for search algorithms. For this reason, the Publication Services at Graz University Library have recently started offering training and workshops for authors. The presentation will provide an introduction into strategies to enhance visibility and findability of online content, such as research articles, with some theoretical background as well as practical examples.


2018 ◽  
Vol 2 (1) ◽  
pp. 78-106 ◽  
Author(s):  
PETRA PERSSON

AbstractLimits on consumer attention give firms incentives to manipulate prospective buyers’ allocation of attention. This paper models such attention manipulation and shows that it limits the ability of disclosure regulation to improve consumer welfare. Competitive information supply from firms competing for attention can reduce consumers’ knowledge by causing information overload. A single firm subjected to a disclosure mandate may deliberately induce such information overload to obfuscate financially relevant information or engage in product complexification to bound consumers’ financial literacy. Thus, disclosure rules that would improve welfare for agents without attention limitations can prove ineffective for consumers with limited attention. Obfuscation suggests a role for rules that mandate not only the content, but also the format of disclosure; however, even rules that mandate ‘easy-to-understand’ formats can be ineffective against complexification, which may call for regulation of product design.


Author(s):  
Kostiuk Yaroslava

In the current global dynamic and competitive business environment of Industry 4.0, small and medium-sized enterprises face a major challenge of expanding their market activities and adapt to new conditions in order to survive in times of economic or pandemic crisis. The implementation of comprehensive quality management in business environment within EU organizations is a response to this challenge for global competition (Abdul, Sumantoro, & Maria, 2019). Current problem is the fact that the implementation and monitoring of quality management as a process of business management in the majority of small and medium-sized enterprises (SMEs) is not sufficiently used, underestimated, or even considered to be obsolete (Rigby, Bilodeau, 2018). In an enterprise with good financial health and healthy corporate culture, all transactions and processes are carried out properly and the relationships among all stakeholders (employees, suppliers, and customers) are successful. For other companies, it is necessary to take steps to ensure quality and follow them (Fernandes et al., 2017) in order to move towards the concept of Industry 4.0. According to published professional literature, each research worker has developed their own framework for mapping value production operations based on specific needs and interests in the fields under review. However, the relationship between the quality processes and value stream maps has not been adequately addressed in professional literature, especially in the case of small and medium-sized enterprises. Therefore, for achieving the objective of the contribution, the following research questions have been formulated: To which extent quality participates in generating value added within production process? In which production operations does the quality factor contributes most to generating value added? Keywords: Quality value stream map, Value stream map, quality management, added value for the customer.


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