Topic 2 Flashcards

1
Q

How can information be used to monitor progress?

A

Companies can use ICT to see how well they are performing against targets. Personnel such as sales staff can judge performance using information about previous years sales.

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2
Q

What three things make information useful?

A

Up to date

Accurate

Complete

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3
Q

What act does personal come under?

A

The data protection act 1998

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4
Q

How does information aid decision making?

A
  • the more relevant information there is to make the decision, the less risk there is to making the decision.
  • information enables a manger to take remedial action
  • simulations can be performed to experiment with what if scenarios using the information in order to arrive at a decision
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