Give ONE (1) example for each characteristic.
The characteristic of a good information are:
- Valid
- Reliable
- Timely
- Fit-for purpose
- Accessible
- Cost-effective
- Sufficiently accurate
- Relevant
- Right level of detail
- From a source in which the user has confidence
- Understandable by the user
Definition
Valid
- Information that is correct and can be used for the purpose that is needed
Reliable
- Internal information which is valid and trusted source
Timely
- Information from correct time period
Fit-for purpose
- Information that is relevant to what you need it for
Accessible
- Information that is store in a way that it can be easily accessed at any time
Cost-effective
- Information that is worth investing the times money to get to help make business decision
Sufficiently accurate
- Accurate information help business make the correct decision
Relevant
- Information that is directly related to business need
Right level of detail
- Information that have the correct detail
From a source in which the user has confidence
- The source can be reliable and trusted
Understandable by the user
- Information that is used for business purpose need to understandable by end user
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