Quality Of Information Flashcards
1
Q
Name 3 information characteristics
A
Valid information
Biased information
Reliable information
Relevant information
Accurate information
2
Q
Positive effects of good quality information
A
Reliable infromation leads to informed decisions
Good quality research leads to strategic decisions
Accurate cost projection will lead to stay within the budget
3
Q
Negative effects of poor quality of information
A
4
Q
Negative effects of poor information
A
Biased survey leads misinformed decisions
Inaccurate stock information leads to inaccurate delivery
Inaccurate data leads to loss of customer trust
