MIS 180 Lecture Notes - Lecture 6: Access Control, Uptodate, Online Transaction Processing

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Employees must be able to obtain and analyze the many different levels, formats, and granularities of organizational information to make decisions. Successfully collecting, compiling, sorting, and analyzing information can provide tremendous insight into how an organization is performing. Timeliness is an aspect of information that depends on the situation: real-time information immediate, up-to-date information, real-time system provides real-time information in response to requests. Business decisions are only as good as the quality of the information used to make the decisions. You never want to find yourself using technology to help you make a bad decision faster. Potential business effects resulting from low-quality information include: inability to accurately track customers, difficulty identifying valuable customers, inability to identify selling opportunities, marketing to nonexistent customers, difficulty tracking revenue. 2: inability to build strong customer relationships. High-quality information can significantly improve the chances of making a good decision. Good de(cid:272)isio(cid:374)s (cid:272)a(cid:374) dire(cid:272)tly i(cid:373)pa(cid:272)t a(cid:374) orga(cid:374)izatio(cid:374)"s (cid:271)otto(cid:373) li(cid:374)e.

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