Data has intrinsic value on its own and can be used for decision-making without additional context. Timely information is crucial for making effective decisions within an organizat... Data has intrinsic value on its own and can be used for decision-making without additional context. Timely information is crucial for making effective decisions within an organization. A closed system does not exchange information or materials with its environment. The completeness of information means it contains all relevant facts needed for making decisions. Negative feedback in a system amplifies its output, leading to growth or decay.
Understand the Problem
The question asks to evaluate several statements regarding data, information, and systems, determining whether each statement is true or false based on its content and context in decision-making.
Answer
1. FALSE 2. TRUE 3. TRUE 4. TRUE 5. FALSE
The answers are:
- FALSE
- TRUE
- TRUE
- TRUE
- FALSE
Answer for screen readers
The answers are:
- FALSE
- TRUE
- TRUE
- TRUE
- FALSE
More Information
Data often requires context to be useful. Timely information aids effective decision-making. Closed systems are isolated from their environment. Complete information must have all relevant facts. Negative feedback typically stabilizes systems by reducing deviations, rather than amplifying output.
Tips
A common mistake is assuming data alone is enough without considering its context or relevance. Always evaluate the need for supporting information.
Sources
- What Is Big Data? - Oracle - oracle.com
- How does data analysis influence business decision making? - Sage - sage.com
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