Information:
⏩ Information is organized or classified data, which has some meaningful values for the receiver. Information is the processed data on which decisions and actions are based.
For the decision to be meaningful, the processed data must qualify for the following characteristics −
➲ Timely − Information should be available when required.
➲ Accuracy − Information should be accurate.
For the decision to be meaningful, the processed data must qualify for the following characteristics −
➲ Timely − Information should be available when required.
➲ Accuracy − Information should be accurate.
➲ Completeness − Information should be complete.
