P2 Characteristics of infomation for a small company.

›Valid. for a small biasness all information must be valid as they do not have the man power or the time to waste

›Reliable. just like "valid" all the information for a small company needs to be reliable as false information could ruin the company 

›Timely. for a small company it is very important to have all there information in on time  as small company's will have a much smaller budget. it very important to be able to change stock quickly to stay popular.

›Fit for purpose. for a small company need all its information to be fit for purpose as you need all of it to be small and to the point as it will take a lot man power to read a lot of information that is not to the point.

›Accessible. all information that a small company uses need to be accessible. just as most on the list the problem is lack of man power. the company dose not have the time to send works after information so it needs to be easy to find.  

›Cost effective. all information used be a small company needs to cost effective as most small company's have a very small budget.

›Sufficiently accurate. in a small company all information need to be accurate. just like "fit for purpose" small company's  will most likely not have the time to use inaccurate information as people using this info may be misled or confused by it this may result in loss of sales or work not getting in on time and as most small company's do not have a large budget they cannot alow mistakes like this.  

›Relevant.information used by small company's needs to be relevant as the company cant spend time with information that nothing to do with the services they provide 

›Understandable. with small company all information need to be Understandable as small company's may not be able to choose who works for then and some people may speak a different language and it is important the they can understand the information or they may not be able to work  

good infomation P2

All for your consideration. When collecting or presenting data to use as information there are some key points you should always understand and implement into your work.

 

·         Valid - All your information should be correct and defendable, if any of your information is incorrect you will have a hard time proving your point.

·         Reliable - Just like “valid” all your work needs to be trustworthy. To do this you may want to do some research into the source of your data or collect it yourself.

·         Timely - To make your information effective and useful you need it to be timely, your data needs to have been sourced within a reasonable time. EG information from 10 years ago may not be relevant now.

·         Fit for purpose - Just like relevant information your work needs to be suitable for your audience and the point you are trying to get across. Keep it brief and to the point, someone reading your information may get bored and lose interest if your information is long and not too the point. 

·         Accessible - To make your information Accessible you need to make it easy to find as no one will see it if they can’t find it. If you want your information to be public you can set up a blog on a popular site as many people visit them.

·         Sufficiently accurate - You need to make it accurate using solid facts not guesses as someone reading your information will find holes and it will be useless. 

·         Relevant. All your work need to Relevant to the point you are trying to make (it’s great that man-u scored two goals last week but what does that have to do with shipping in the south ) if your information has nothing to do with your point readers will be confused and your work will become useless.

·         Understandable. This last one is easy you need to make your information Understandable this means no spelling mistakes or the wrong use of grammar. Also you make want to find out who your audience will be such as what language they will be using so you can change your information to help them.

PDF for the poster on a word document-

https://drive.google.com/file/d/0B_pOA4qbxwHBbVY5all3WGc3d00/edit?usp=sharing