Thursday, February 08, 2007
Johns Homewrk
Good Information adds value to an organisation. It helps decision making as the quality of a decision depends on the quality of information. Decision making is crucial within a business, therefore it is important that the information is accurate, up to date and complete. Information can also show a business how it is doing, performance wise. Information can be used to target resources. Information can also allow a business to gain a competitive advantage. This is because they will be able to compare sales, turnover, profit and losses with their competition.
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