The benefit produced by the information minus the cost of producing it.

Question

Quizplus · Accepted Answer

The benefit produced by the information minus the cost of producing it is known as the value of information. Option A (goal congruence) refers to the alignment of goals among different individuals or departments within an organization. Option B (information) is a broad term that refers to data or knowledge about something. Option C (information overload) refers to a situation where there is too much information available, which can lead to confusion and difficulty in making decisions.

The Benefit Produced by the Information Minus the Cost of Producing