All good information has the following characteristics:
The value and usefulness of information are highly subjective, because what is information for one person may not be for another.
Information is good only if it is relevant - that is, pertinent and meaningful to the decision maker.
Information must be delivered at the right time and the right place to the right person.
Information must be free of errors, because erroneous information can result in poor decisions and erode the confidence of users.
Correct information format:
Information must be in the right format to be useful to the decision maker.
Information is said to be complete if the decision maker can satisfactorily solve the problem at hand using that information.
Information is useless if it is not readily accessible to decision makers, in the desired format, when it is needed.
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