Characteristics and Value of information in enterprise
Information needs to be of high quality to be useful and accurate. The information that is input into a data base is presumed to be perfect as well as accurate. The information that is accessed is deemed reliable. Flaws do arise with database design but do not let something in your control, accurate and reliable data, be one of them. A database design that is accurate and reliable will help achieve the development of new business ideas as well as promoting the organizational goals.
Completeness is another attribute of high quality information. Partial information may as well be incomplete information because it is only a small part of the picture. Completeness is as necessary as accuracy when inputting data into a database.
Presentation
Managerial information is valuable when presented in a way that facilitates decision-making.
Context
Information for management is highly contextual. Information is valuable to a manger only if it has a decision-making connotation to it.
Expectation
Information is generally more valuable to management when the information breaks an expected view or an expected result or an expected' reaction. Any information that is unexpected carries a higher value.
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