Information is said to be useful in decision making if it possesses three characteristics.Required: A. List the three characteristics of useful information.B. Frequently, there is a conflict between two of the characteristics requested in part "A." Briefly explain what this conflict is.C. What distinguishes relevant from irrelevant information?
What will be an ideal response?
A. The three characteristics are relevance, accuracy, and timeliness.
B. Accuracy frequently can be enhanced if more time is used to develop, obtain, or analyze information. Thus, in order to meet deadlines for decisions, information may have to be developed that is less accurate than desired.
C. Relevant information is pertinent to the decision, that is, it has the potential to influence the decision. Specifically, future costs and revenues that differ among alternatives must be considered. In contrast, irrelevant information reflects past conditions as well as future conditions that will not be affected by the choice among alternatives.
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A) cognitive message strategy B) affective message strategy C) conative message strategy D) brand message strategy
What did the landrum griffin act do?
The manuscript format is appropriate for longer, more formal reports
Indicate whether the statement is true or false
Which of the following means the project is completed fully?
A) termination by reduction B) termination by extinction C) termination by inclusion D) termination by integration