Unit 3 P2- Task 2.2 – Sam Lambert
I think reliable, cost-effective and understandable by the
user and most important characteristics of good information. I think this because
they all could really affect your company if you didn’t have them. If you have
a company and you was collecting data for some market research but the data you
was collecting wasn’t reliable it could give you doubts or make your projections
of where the companies going to go wrong. Also if the information isn’t understandable
then it’s pretty much useless. If a company has information telling them about
how their clients feel about their products but they can’t understand it then
they won’t know if they’re doing the right things and making the right decisions.
Also the cost-effective information is really important because it helps your
company keep a good profit rate and not lose money, if you don’t have
information about the cost if your business you could easily start losing money
and your company could fail.
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