The Value and Importance of Information

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  • Information
    • Decisions
      • Planning
      • Controlling
      • Forecasting
      • Directing
      • Less risk
        • Remedial action
          • Simulations
    • Targeting resources
      • Money
      • Human
        • Time
      • Hardware
        • Software
      • Materials
      • Up to Date
        • Date stamped
        • Data Protection Act
        • Personal information
        • Legal Requirment
        • Death
      • Accurate
        • Errors occur
        • Wrong items
        • Invoiced wrong amount
        • Basing orders on incorrect stock
        • Wrong bills
        • Typing wrong details
      • Complete
        • Nothing missing
        • Order partly fulfied
        • Sales report infor missing
        • Incorrect decisions
        • Missing otscodes
    • Costs
      • Human
        • Stadd
          • specialist
            • wages
      • Time
        • data entry
      • Hardware
        • Automatic data entry
      • Finacnial
        • Consumables
          • Transfers
            • Back ups

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