What are the five characteristics of good data?

What will be an ideal response?


The five characteristics of data are as follows:
(1) Accurate-Good information is based on correct and complete data, and it has been processed correctly as expected.
(2) Timely-Good data is produced in time for its intended use.
(3) Relevant-Good data is relevant both to the context and to the subject.
(4) Just barely sufficient-Good data is sufficient for the purpose for which it is generated, but just barely so.
(5) Worth its cost-For good data to be worth its cost, there must be an appropriate relationship between the cost of data and its value.

Business

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What is the commonly used method of managing planned change?

a. organizational consideration b. creating urgency c. organizational development d. discontinuous change

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The direct strategy should be used to communicate negative news when ________

A) the news may provoke a hostile reaction B) the news affects the receiver personally C) firmness is necessary D) the news could threaten the customer relationship

Business

A 360-degree appraisal is the process of using multiple sources of appraisal to gain a comprehensive perspective on one's performance. In this process, feedback is obtained from multiple sources except for

A. customers. B. subordinates. C. every level involved with the employee. D. peers. E. superiors.

Business

Briefly describe Edward Thorndike's law of effect.

What will be an ideal response?

Business