Monday, June 19, 2017

LO1: Good Information

Explain each characteristic of good information. Give one (1) example for each characteristic.

There are eleven (11) characteristics:

  1. Valid - Information that is correct and can be used for the purpose that is needed.
  2. Reliable - Information that is from valid and trusted source
  3. Timely - Information that is from the correct time period
  4. Fit for purpose - Information that is relevant to what you need it for
  5. Accessible - Information that is stored in a way that can be access anytime and anywhere
  6. Cost-effective - Information that is worth investing time and money to help make business        decision. 
  7. Sufficiently accurate - Information that is accurate and help business make correct decision
  8. Relevant - Information that is directly related to business need
  9. Right level of detail - Information that are correct level of detail and have correct information
  10. From a source in which the user has confidence - Information that is reliable and can be trusted
  11. Understanding by the user - Information that is used for a business purpose needs to be understandable by the end user. 
at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

CRP - Key Considerations for Research

Determine the key considerations are for planning and undertaking research Issues that can be encountered in research  poor time mana...

  • Qualitative and Quantitative Research Methods
    Focus on different methods of gathering data and material. Feedback the advantages and disadvantages. Choose the method that you will use in...
  • Network Security
    Network Security It is a term that covers the multitude of technologies, devices, and processes. In a simple term, a set of rules and co...
  • CRP - Research Objectives and Proposal
    The diagram above is the example of research proposal, it must include the due date of the project or a research and the title. The body ...