Assalamualaikum and hoyeeehhh..:)
Orite..lets discuss bout valuing organizational
information..Like I said before information is everywhere in an organization. It
comes at every different level and in different formats and granularities. For
your info the info granularity is refers to the extent of details within the
information (fine details or coarse and abstracts). The organizational info divide by three which are transactional and analytical,value of timely info and value of quality info.
The characteristics that can help to determine the value of
information are transactional and analytical.
Transactional info encompass all the info contained within a
single business process or unit of woks, and its primary purpose is to support
the performing of daily operational task for example like making a airline
reservation, purchasing stocks and others.
Analytical info encompasses
all organization info and its primary purpose to support the performing of
managerial analysis task. The examples of analytical info are sales, products
statistic and trends.We need the value of timely info because it can change for
each business decision. Some decision can make in weekly or monthly. It depends
on the situation.
The real time info means immediate, up to date info. The system
provides real time info to response in query request.
The value of quality info have five common characteristics that shows the high quality info.
ACCURACY :: it is mean are the values corrects like the name is spelled correctly or not.
COMPLETENESS :: are any value is missing like the address code ,state, city and others.
CONSISTENCY :: is aggregate or summary info in agreement with detailed info? example, do all total fields equal the true total of the individuals fields.
UNIQUENESS :: is each transaction,entity and event represented only once in the information? for example are there any duplicate customers .
TIMELINESS :: is the info current with respect to the business requirement for example , is information updated weekly,hourly or daily....
So for the the important part in this subjecy is about the characteristics high quality info and also about analytical and transactional.
Tq for reading! :)
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