Posted: September 13th, 2017

Business Information

Business Information

Order Description

Business Information P1 brief:
Please follow these guidelines to complete this section
You have been asked by your manager to investigate the role of information management in your company. Prepare a report that explains the different types of information available, where it can be sources and how it can help the business.
Report guidance
You should identify the different types of information available. Ensure you include;
• Written
• Verbal
• On screen
• Multimedia
• Web based
Provide an example of each.
You should then explain how each type of information can be used to help the business.
You should include;
• Updating knowledge
• Planning
• Decision making
• Learning about competitors
• Communicating marketing information
• Gaining support and sharing information
Next identify the internal and external sources of information and explain how it can help the company make decisions.
Include;
Internal sources;
These include company departments such as Finance/sales/HR/Production/Marketing/Customer service.
External sources;
Government sources /trade groups/data bases/Market research

Your work should be in word format with a cover page.