The importance of an up to date information system, in a business?
How important is it for a business to have an up date information system, and a good data gathering and feedback system?
Very!
Business depend on knowing what is happening in the business and in the marketplace in which they operate. So, the more up-to-date the business information, the better.
That said, many businesses can have a lag in their time frames without too much in the way of problems, but it’s seldom more than a couple of weeks, and almost never beyond a mointh.
Very!
Business depend on knowing what is happening in the business and in the marketplace in which they operate. So, the more up-to-date the business information, the better.
That said, many businesses can have a lag in their time frames without too much in the way of problems, but it’s seldom more than a couple of weeks, and almost never beyond a mointh.
References :
I design business processes and systems.