Which of the following is an outcome of high data accuracy?

High data accuracy leads to enhanced decision-making and strategic outcomes because reliable and precise data is foundational for informed business decisions. When data is accurate, decision-makers can trust the information they are using, allowing them to analyze trends, forecast outcomes, and evaluate performance without the fear of errors skewing results.

Accurate data enables organizations to identify opportunities and risks more effectively, facilitating proactive planning and execution of strategies. This directly correlates with improved performance, as leaders can make confident choices based on facts rather than assumptions, ultimately leading to better strategic outcomes.

In contrast, outcomes associated with lower data accuracy include inconsistent business practices, increased operational failures, and reduced market competitiveness. These negative effects occur because poor data quality can lead to misinformed decisions, fragmented processes, and an inability to compete effectively in the market. Thus, the presence of high data accuracy is crucial for driving positive results within an organization.