It has been said that information is the lifeblood of business, driving effective decisions and action. Quality of information is less and less important, given advances in technology.

Question

Quizplus · Accepted Answer

The statement is false. Quality of information remains crucial for effective decision-making. Technology may make information more easily accessible, but it does not guarantee its accuracy or reliability. In fact, with the vast amount of information available, it may become more difficult to discern what is relevant and reliable without proper quality control measures.

It Has Been Said That Information Is the Lifeblood of Business