Why is it important for all organizations, no matter how small, to create and implement organizational information policies?

Organizational data are a critical asset; it is important to ensure its security.

The corporation will not be able to make predictions using the data unless there are policies surrounding the database's design.

Organizational data will be accessed through the web, and therefore need to conform to local laws.

The data will not have any value to the organization without policies surrounding its structure and who has access to it$.$