Classification of Information

Classification by Characteristic

Strategic information: is concerned with long tern policy decisions that defines the objective of a business and checks how well these objects are met. For example, acquiring a new plant, a new product, diversification of business.
Tactical information: is concerned with the information needed for exercising control over business resources like budgeting, quality control, service level, inventory level, productivity level, etc.
Operational information: is concerned with plant/business level information and is used to ensure proper conduction of specific operational tasks as planned/intended. Various operator specific, machine specific and shift specific jobs for quality control checks comes under this category.

Planning information: these are the information needed for establishing standard norms and specifications in an organization. This information is used in strategic, tactical and operation planning of any activity. Examples are: time standards, design standards.
Control information: this information is needed for establishing control over all business activities through feedback mechanisms.
Knowledge information: it is defined as "information about information". Is acquired through experience and learning, and collected from archival data and research studies.
Organization information: deal with an organization's environment, culture in the light of its objectives. Examples of such information are employee payroll information.
Functional/Operational information: is operation-specific information. Like daily schedules.
Database information: construes large quantities of information that has multiple usage and application. Such information is stored, retrieved and managed to create databases. For example, material specification or supplier information is stored for multiple users.