Characteristics
- Valid information is useful, because it fits the need to which it is being put.
- Biased information presents a one-sided view. May be correct, but ignores other information
- Comparative information can be compared with similar information
Importance of good quality information to stakeholder:
The more reliable the information, the more accurate decisions can be made as it provides a clear view for the objectives.
Consequences of poor quality information to stakeholders
Poor quality can lead to bad decisions.
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