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5 Classifications of information
2 disadvantages of the internet for organisations
1 storage media with the characteristic 'robustness'
To identify features of good quality information
To understand the importance of quality information
To understand the impact of poor quality information in relation to an organisation
Having high quality information is important to organisations for development, innovation, and decision making
What is high quality information?
Validity is information that comes from a verified source
Valid information is useful to organisations as it will fit the need to which it is being used.
Time frame is an important factor to consider when looking for valid information.
Wikipedia is reliable, but not valid as any user can change the information and make it opinion based.
A reliable source of information comes from as source that supplies on time, in tact, detailed and useful information.
News sources get it wrong sometimes. Standard practice is 3 reliable sources before publishing.
Biased information presents a one sided view.
Not necessarily incorrect!
E.G. my house has a new kitchen, new bathroom and has been decorated throughout........just leave out the fact that the roof leaks!
Comparing similar information
Schools comparing data with similar schools
Organisations could compare data from previous years to spot any trends or progress.
The amount of time information is valid for depends upon the information
It is ultimately up to the company to decide when information will have ceased to become relevant.
The data Protection Act ensures that any data haled about individuals must be relevant.
A database for a pizza delivery firm holding records of customers wouldn't need to know the salary of its customers!
Too much information can be overkill and can get in the way of analysis.
The better the information, the better the quality of decision can be made
Reliable information informs strategic decisions
Research performed to inform innovation can lead to a company releasing a product that the public wants - this is good for ALL stakeholders!
Poor decision making
Not responding to opportunities
Tarnished reputations
Loss of sales
Research and record 3 failed projects/organisations due to poor quality information
Now find 3 projects/organisations that were successful due to good quality information
You may wish to use the keyword 'data driven' to help you.
Now put what you have learned into context by answering the question for your chosen scenario