The value of information is directly linked to how it helps decision makers achieve their organization's _____.
A)cost/profit target
B)goals
C) cost reduction initiatives
D) customer satisfaction levels

Question

Quizplus · Accepted Answer

Information is valuable when it supports decision makers in achieving their organization's goals, which could include increasing revenue, expanding market share, improving product quality, or enhancing customer satisfaction. Cost/profit targets and cost reduction initiatives may be subsets of these larger goals, but they do not encompass the full range of potential objectives that information can support.

The Value of Information Is Directly Linked to How It