chpt17-ppt.pptVIP

Information and the Manager Data: raw facts such as the number of customers. Information: data arranged in a meaningful fashion. Good information possesses these attributes: Information Quality: measures information accuracy and reliability. Timeliness: information is needed when managerial action is taken. Real Time Information: reflects the current condition. Completeness: manager has the information to act. Relevance: information matches the managers specific needs at hand. Irrelevant information does not apply Information Attributes Information Systems Technology Information System: acq