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1.Which TWO of the following statements about qualities of good information are true?
A.It should be relevant for its purposes
B.It should be communicated to the right person
C.It should be completely accurate
D.It should be provided whatever the cost
2.The sales manager has prepared a manpower plan to ensure that sales quotas for the forthcoming year are achieved. This is an example of what type of planning?
A.Strategic planning
B.Tactical planning
C. Operational planning
D.Corporate planning
1. The correct answers are A and B: It should be relevant for its purposes and it should be communicated to the right person.
Complete accuracy is not necessarily an essential quality of good information.
It needs to be sufficiently accurate for its purpose, and often there is no need to go into unnecessary detail for pointless accuracy.
The costs of providing good information should not outweigh the benefitstherefore 'It should be provided whatever the cost 1 is incorrect.
2.The correct answer is :B Tactical planning. Tactical planning is used by middle management to decide how the resources of the business should be employed to achieve specific objectives in the most efficient and effective way.
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