How Information adds value to an organisation

Good Information adds value to an organisation as the quality of decision making depends on the quality of information that you have. It is extremely important that information is accurate, up to date and complete as decision making is a very important factor of an organisation. Information can also show a business how well it is doing, performance wise. Information can also allow a business to gain a competitive advantage, as they will be able to compare sales, turnover, profit and losses with their competitors.