Which of the Following Statements About the Characteristics and Costs

question 4

Multiple Choice

Which of the following statements about the characteristics and costs of useful information is true?

• A) Raw data become information as soon as the facts and figures are manipulated.
• B) For information to be useful, it has to be malleable, concrete, reliable, and timely.
• C) Obtaining good information incurs negligible costs in terms of acquisition, processing, storage, retrieval, and communication.
• D) Useful information does not come cheaply.
• E) All of these statements about the characteristics and costs of useful information are true.

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Definitions:

Locus Of Control

A psychological concept referring to the extent to which individuals believe they have control over the events that influence their lives.

Self-Determination

The process by which individuals control their own lives and make their own choices.

Control

The power to influence or direct behavior and the course of events in a business or organization.

Incredible Tenacity

Exceptional determination and persistence in facing obstacles or pursuing goals.