ORGANIZATIONAL INFORMATION
- It comes at different levels and formats and 'granularities'.
- Information granularities refers to the extent of detail within the information ( fine and detailed or coarse
and abstract)
THE VALUE OF TRANSACTIONAL & ANALYTICAL INFORMATION
Transactional information - encompasses all of the information contained within a single business process or unit of work, and its primary purpose is to support the performing of daily operational tasks.
Analytical information - encompasses all organizational information, and its primary purpose is to support the performing of managerial analysis tasks.
THE VALUE OF QUALITY INFORMATION
UNDERSTANDING THE COSTS OF POOR INFORMATION
- using the wrong information can lead to making the wrong decision.
- it also can cost time money and even reputations.
UNDERSTANDING THE BENEFITS OF GOOD INFORMATION
- high-quality information can significantly improve the chances of making a good decision and directly increased and organization's bottom line.
No comments:
Post a Comment