Saturday, August 10, 2019

Information Handling Essay Example | Topics and Well Written Essays - 1000 words - 1

Information Handling - Essay Example The source where accuracy posed the greatest problem was the marketing database.So I think usefulness informations need have accuracy and reliability, accuracy and reliability determine the quality of information."Information that is timely is available when it is needed for managerial action, not after the decision has been made" (Gareth, 2000,P614) In today's speedily changing world and technology 's developing, lead to information changing frequently. Real-time Information is reflecting current conditions. (Gareth, 2000,P614) For example, productions' price changing frequently in marketing because manager wants to make profit in competition's marketing. So manager should be pay attention to information's changing. Catch Real-time information is very importance. Look at timeliness in accounting"Timeliness: accounting information should be made available to external decision-makers before it loses its capacity to influence decisions." (Dyckman, 1992, P44) Like the news of the world, old financial information never carries the same impact fresh information carries. Otherwise lack of timeliness reduces relevance."Information that is complete gives managers all the information they need to exercise control, achieve coordination, or make an effective decision." (Gareth, 2000,P615) information's completive will provided good help to manager to decision. When you set up a new business, look at complete information is importance. Such as, how is this productions sold, how long can make profit.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.