CHAPTER 6 : EXPLORING BUSINESS INITIATIVES
Organization Information
- Information is everywhere in an organization.
- Employees must be able to obtain and analyze the many different levels,formats,and gralarities of
organizational information to make decisions.
- Sucessfully collecting,compiling,sorting,and analyzing information can provide tremendous insight
into how an organization is performing.
The Value of Timely Information
- Timeliness is an aspect of information that depends on the situation.
- Real-time information- immediate,up-to-date information.
- Real-time-system-provide real-time information in respone to query requests.
The Value of Quality Information
- Business decisions are only as good as the quality of the information used to make the decisions
The Value of Quality Information
-Characteristics of high-quality information include :
- Accuracy
- Completeness
- Consistency
- Uniqueness
- Timeliness
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