WHAT’S THE BENEFIT?
Directions: For each of the following situations, determine which benefit of information
management is being illustrated. Write your answers in the spaces provided.
Benefits of Information Management:
Supports decision-making
Saves time and money
Helps businesses serve customers more effectively and efficiently
Maintains organizational consistency and credibility
Helps businesses comply with laws and regulations
Preserves organizational identity and history
Maintains business continuity in case of disaster
1. An organization has a system in place that allows one salesperson to update contact
information for a client, simultaneously updating the same information for all
other employees.
___________________________________________________________________________
2. Government auditors visit a business and find all its accounting records available and in order.
___________________________________________________________________________
3. A business keeps records of sales, so it can offer customers appropriate discounts and coupons.
___________________________________________________________________________
4. A company has an original copy of its Articles of Incorporation from 1908.
___________________________________________________________________________
5. An organization keeps all its tax information, so it is prepared to pay its taxes on time
each quarter.
___________________________________________________________________________
6. A business experiences a major system failure, but because it has backed up all its important
files, employees can perform work tasks as usual.
___________________________________________________________________________
7. A marketing manager must choose between two advertising layouts. They hold a focus group
to gather information on which layout customers will like better.
___________________________________________________________________________
8. A client files a lawsuit against a company, and the company is required to provide relevant
emails and memos. It is able to so do because of appropriate information management.
___________________________________________________________________________
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