In the Context of the Characteristics Determining the Quality of Information

question 43

Multiple Choice

In the context of the characteristics determining the quality of information indispensible for effective control,identify the correct statement.

• A) All data collected for control purposes are equally useful in managerial operations and decisions.
• B) Control actions can be based on inaccurate information when valid information is difficult to collect.
• C) For effective control, information must arrive on time to those who can take action and make any required changes.
• D) Effective control systems find accurate data useful even if they arrive very late.

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Definitions:

Film Clip

A short extract from a movie or a video used for illustration or promotional purposes.

Causal Attribution

The process by which individuals determine the causes of events or behaviors, attributing them to internal dispositions or external situations.

Stable Internal

A belief that the cause of an event is due to stable, enduring factors within an individual.

Availability Heuristic

The tendency to assume that information that comes easily to mind (or is readily available) is more frequent or common.