Quality Of Information Flashcards
What are the six characteristics that increase the quality of information?
Validity, reliability, bias, comparability, relevance and completeness
What is the validity of information?
How appropriate it is
What is the reliability of information?
Is the information verified and can the information be trustworthy
What is the bias of information?
Dishonesty due to personal interest
What is the comparability of information?
Is it the same format to other information
What is the relevance of information?
Whether it can be used for the current problem
What is the completeness of information?
Whether all required information is present
What can high quality information cause?
Stakeholders being well informed so they can make good business decisions
What can low quality information cause?
Misinformation with consequent poor decision making and damage to reputation
