1.

Information management refers to the process of organizing, storing, retrieving, and disseminating
information within an organization. It involves the creation, processing, distribution, and control of
information. Effective information management helps organizations to make informed decisions,
improve productivity, and reduce risks.

2. The information lifecycle refers to the stages that information goes through from its creation to its
disposal. There are typically six stages in the information lifecycle, which are as follows:

- Creation: Information is created through various means, such as data entry, data capture, or document
creation.

- Use: Information is used by individuals or systems within the organization for various purposes, such as
decision-making or analysis.

- Storage: Information is stored in different forms, such as databases, file servers, or cloud storage.

- Retrieval: Information is retrieved by individuals or systems for various purposes, such as analysis,
reporting, or decision-making.

- Archive: Information is archived for long-term storage and retention purposes, such as compliance with
legal or regulatory requirements.

- Disposal: Information is disposed of when it is no longer useful or relevant, such as through deletion,
destruction, or retirement.