Information Systems: The Value, Importance And Quality Of Information

Cards about the topic of the value, importance and quality of information. 

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Good Information

Good information should be:

  • Accurate
  • Up to date
  • Complete
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Good information adds value to an organisation by:

  • Aiding decision making
  • Monitoring progress
  • Allowing the targeting of resources
  • Giving a competitive advantage
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Ensuring that information is of a high quality can be costly. These costs can be in terms of:

  • Money
  • Time
  • Human resources
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User Confidence

Good information can improve the quality of decision making as it has user confidence.

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Information can come from a variety of sources, both ICT and non-ICT based.

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