An Organization Can Improve The Quality Of The Business Information

However, I feel that their jobs can’t be replaced fully by one information system. The results from various information systems provides a company with the data needed to help a business run smoothly and efficiently. However, just the data alone wouldn’t help with anything if there weren’t a person to analyze the finding and use the information for business growth. They shake each other’s hand, what good is the data if there isn’t someone to interpret

Companies will distrust their vendors when they have an understanding that their company's information is not being protected, which in turn leaves them vulnerable. Businesses will take business elsewhere to ensure the integrity of their information and to protect their companies well being.

If the above is not done then this can result in businesses wasting money on the wrong thing and the gathering of wrong information can cause lack in customer service on their part resulting in poor quality decisions making the business look less efficient and less organised.

The lack of compatibility shows up in the form of different types of data that the finance staff receives. This data includes information provided by facilities via hardcopy reports and must be re-entered. Some of the data received is via data files but the information is not in the correct format. The result is to convert the data or redirect the data to the proper account codes. This can be a logistical nightmare for any company because there are so many methods for records keeping. Consolidation of these records will be highly challenging for Riordan while trying to implement and training staff on how to use the new system (Apollo Group, 2005, 2006).

Also, the company has to ensure the existence of business processes and ways of acquiring its merchandise possess the traits that can be analyzed, measured, controlled and improved. The firm and the top leadership have to realize that, a sustainable level of quality improvement, calls for the commitment of everybody in the organization and more importantly, the top-level management.

It's important to keep up to date with are plans, risk assessments, company policies and procedures and signing them when read. Without up to date information the safety of service users are put at risk as changes in policies companies are there to benefit and protect vulnerable individuals.

The ability to manage information plays a critical role in developing a firm’s capabilities in customer relationship management, process management and performance management (Mithas, 2011).

Accuracy - who is responsible for the authenticity accuracy and fidelity of information and who is to be held accountable for the errors that are present in information.

Organisations need data as a point of reference or to be able to retrieve information whenever it is needed. Every organisation should keep accurate records and information on their employees in order to be able to use this information for planning ahead for the business. Organisations also need data as a legal requirement.

Business organizations today operate in a turbulent and dynamic business environment. The contemporary business environment is undergoing a metamorphosis as rapid technological innovations, competitive markets, diverse customer preferences, and extensive global operations prevail in it. To ensure continuous operation and survival in today’s rigid business environment, a business firm has to be open to change and improvement. Business processes, services, products and operations should be consistently subject to evaluation and refinement. The norm is to deliver quality products and

The customers are requested to provide accurate details for easy upgradation of account database and the speedy processing of the transactions.

Verifiability helps to guarantee clients that information represents faithfully the economic phenomena it reasons to symbolize. verifiability defined

In today’s world, different types of business have emerged and business operations have become the cornerstone of making a success, however the way in which they are operated is what is important. Most businesses hunt the main objective of making a profit without considering how that might affect other factors of society and that is what in most cases diminishes the longevity of the organisation.

The user has to consider whether the available information is usable or not, because the collected data should be legal and accurate for the application of the project. It is illegal and unethical to use data and information which do not qualify above requirements. The cost that has to be allocated must be considered. The cost must be able to mage by the project manager and it should be a manageable one. The ownership of the data should not be violated and the process of gathering data should not violate the rights of the employees. There are some other ethical considerations too. The project manager must be aware of this and he should take all the measures to protect the ethical considerations of the people and the society (Relkin, 2006). By considering the ethical standards of the society the manager can gain maximum advantage of the process of controlling the employees and marinating the business in the perfect manner.

Information from internal records is usually quicker and cheaper to get than information from other sources, but it also presents some problems. Because internal information was for other purposes, it may be incomplete or in the wrong form for making marketing decisions. For example, accounting department sales and cost data used for preparing financial statements need adapting for use in evaluating product, sales force or channel performance.