Thursday, February 08, 2007

John Clifts Homework

How information adds value to an organisational value?

Information tells organisation how well its doing in relation to its competitors. For example information on gaps in a particular market. It canm help an organisation take action ahead of its competitior.
Information adds value to an organisation by;
  • Aid design making
  • Monitoring and controlling
  • Targeting resources
  • Gaining competitive advantage

Good information is essential to an organisation.

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