The purpose of business information is to answer business questions. Large numbers of business questions are asked all across the enterprise, and large amounts of business information are created all across the enterprise to answer these questions. Naturally, the types of business questions being asked within the enterprise vary widely based on department function, job function and level within the organization. Even so, these wide-ranging business questions can be easily grouped into four predominant categories:

The accumulation of answers to these four groups of business questions comprises the collection of business information within the organization. And can be considered the business information assets of the organization. Just as the business questions can be grouped, these business information assets can also be grouped into corresponding categories: Hindsight, Insight, Foresight and Current sight.

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