types & sources of info

t

How do

usebusinesses

information

?

Unit 3

Ethical Information: page 76

Quantitative Information

QualitativeInformation

Primary & SecondaryInformation

Fast Food Case Study

Page 76

Mindmap: types & purposes of information

Mindmap: types & purposes of information

INFORMATION

Primary

Purposes of information

• Operational support• Analysis• Decision making• Gaining advantage

Sources of information

INTERNAL

EXTERNAL

Trade Groupings Case Study

Data Source?

Teach Each Other

InternalFinancialPersonnelMarketingPurchasingSalesManufacturingAdministration

External GovernmentTrade groupingsCommercially providedDatabasesResearch

Each group will present on either Internal or External sources of information

Each group member should do one or two sheets of paper as a visual aid

Good informationWhat makes information good (or not good)?

RT

Good Information

Valid

reliable

timely

fit-for-purpose

accessible

cost-effective

sufficiently accurate

relevant

having the right level of detail

from a source in which the user has

confidence

understandable by the user

Retail Sales Information Systems

Case Study, Page ##

Functional Areas Exercise