(13) What are the criteria to be followed for making information most useful?


Answer: Following criteria need to be followed for making information most useful:





(1)Relevant:
  • Information should be relevant to the business area they address. 
  • This is important because a report that includes unnecessary information might be ignored.



(2)Timely:
  •  Many times old information may not be relevant in current time. 
  • Managers need to know what’s happening now or in the recent past to make decisions about the future.



(3)Accurate:
  • Accuracy of the information is of utmost importance.
  • Managers and others who rely on MIS reports can’t make sound decisions with information that is wrong.



(4)Structured: 
  • Structured Information helps management understand what the report is saying. 
  • Try to break long passages of information into more readable blocks or paragraphs and give theme meaningful headings.