Unit 2 - LO2 Understand the Styles, Classification and the Management of Global Information Flashcards
2.3 Quality of information
1
Q
Information characteristics
A
. Accuracy . Up-to-date . Reliability . Comparability . Completeness . Relevancy
2
Q
Importance of good information
A
. It can transform how a business works
. Aids decision making
. Loss of finance
. Lack of response to potential risks to business
3
Q
Consequences of poor information
A
. Misinformation
. Loss of reputation
. Loss of finance
. Lack of response to potential risks of business