2.3 Quality of Information

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Quality of information

Characteristics

  • Valid information is useful, because it fits the need to which it is being put.
  • Biased information presents a one-sided view. May be correct, but ignores other information
  • Comparative information can be compared with similar information

Importance of good quality information to stakeholder:

The more reliable the information, the more accurate decisions can be made as it provides a clear view for the objectives.

Consequences of poor quality information to stakeholders

Poor quality can lead to bad decisions.

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