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An Organization Can Improve The Quality Of The Business Information

Decent Essays
An organisation can help improve the quality of the business information by ensuring that the information is valid as it will be precise. It’s dependable information that is used by organisations to maximise their profits. Many companies need valid info since it helps them to make the best business decisions; other companies look for this in organisation for instance, if they want to be partnered or work with them then they want to work with someone with useable information. If the business doesn’t have correct information that is valid then they could be put in trouble or even become unemployed or lose their business as every business should have valid data that is not made-up.
For example, valid information would be something supplied
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Companies need reliable information that can be used by others to make profit, to become an excellent business; just to make correct decisions so they can use it to progress quality of business information. If company doesn’t have reliable info then it can’t be used and it won’t help make accurate judgments. For in case, if they don’t have correct information in the business then they can get in trouble and the person can also lose the job as they’re ruining the business reputation which is no benefit to the company. Another example would be the finance section obtaining the information from the sales sections in a business would be trustable to use as it’s an internal source that is checked repeatedly to have consistent information.

Timely & Up to date:
Organisations can improve the quality of their business information by ensuring there data is up-to-date, gathered at the right period of time so it’s not out of date and is stable information that can be used by organisations. This sort of information needs to be updated regularly to keep up with the constant information so this is available any time when needed. In addition, if the bank needs information from financial section in 2008, they should be able to provide with the precise information from the exact year. For e.g. if in the business the sales department needs information on the deliveries in past 3 years then the delivery department needs to supply them with the exact
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