Information Systems: The Value, Importance And Quality Of Information

Good information should be:

• Accurate
• Up to date
• Complete

Good information adds value to an organisation by:

• Aiding decision making
• Monitoring progress
• Allowing the targeting of resources
• Giving a competitive advantage

Ensuring that information is of a high quality can be costly. These costs can be in terms of:

• Money
• Time
• Human resources

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

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