The value of information can best be determined by
A. its usefulness to decision makers.
B. its relevance to decision makers.
C. the benefits associated with obtaining the information minus the cost of producing it.
D. the extent to which it optimizes the value chain.
Answer:C
The value of information can best be determined by
A. its usefulness to decision makers. B. its relevance to decision makers. C. the benefits associated with obtaining the information minus the cost of producing it. D. the extent to which it optimizes the value chain.