1.2 The characteristics of Valuable Information Show The value of information depends on their usefulness in the decision making process. This Accurate: Accurate information is error free. Errors could be occurred due to different Complete: Complete information contains all the important facts to make clear decisions. Economical: Information should also be relatively economical. Decision makers must always Flexible: Flexible information can be used for a variety of purposes. For example, Information Reliable: Reliability of information describes the correctness of the information. If there are Relevant: The relevance of information is determined based on the usefulness of information Simple: Simplicity in the representation
of information is also a very useful feature utilized to Timeliness: Decisions should be made at the right time to achieve effectiveness. Timely Verifiable: If it is possible to confirm the reliability of the information about its correctness Accessible:
Accurate information plays a major roll in the decision making process of any Secure: the value of information could be lost due to issues such as unauthorized user It is important to note that the values of these quality attributes may vary from one piece of
Home → Terms → Characteristics of information All good information has the following characteristics: Subjectivity: The value and usefulness of information are highly subjective, because what is information for one person may not be for another. Relevance: Information is good only if it is relevant - that is, pertinent and meaningful to the decision maker. Timeliness: Information must be delivered at the right time and the right place to the right person. Accuracy: Information must be free of errors, because erroneous information can result in poor decisions and erode the confidence of users. Correct information format: Information must be in the right format to be useful to the decision maker. Completeness: Information is said to be complete if the decision maker can satisfactorily solve the problem at hand using that information. Accessibility: Information is useless if it is not readily accessible to decision makers, in the desired format, when it is needed. Which characteristics of information means cost of producing information should be affordable?Cost-effective
It is one of the important features of information. It refers to the cost involved in the collection of information.
Which of the following is a characteristic of valuable information quizlet?Information should be secure from access by unauthorized users. Information should be simple, not overly complex. Sophisticated and detailed information might not be needed.
What are the characteristics of information systems?Characteristics of Information system :. Availability/accessibility : Information should be easy to obtain or access. ... . Accuracy : ... . Reliability or objectivity : ... . Relevance/appropriateness : ... . Completeness : ... . Level of detail/conciseness : ... . Presentation : ... . Timing :. Which of the following are characteristics of useful information?The seven characteristics of useful information are: relevant, reliable, complete, timely, understandable, verifiable and accessible.
|