Fichas
3.2
Fichas del conjunto (11)
- 11.what are the two different places that sourced location of information can be scored1. internal and external.
- 21.what is financial Information 2. what is personnel Information 3. what is marketing information1.is information related to the performance and profit and loss of the company.
2. This is information held by the company on their employees.
3. : this is used by the marketing team to identify what products or services offered are most successful. - 31. what is purchasing information 2. what is sales information 3. what is manufacturing information1. this is collected by the purchasing department who are involved with buying all of the products needed to run your business.
2. this needs to be monitored based on the product or services offered by your company.
3. This is information about the cost of manufacturing goods within the company and will normally include the running cost of all machinery, the wages paid to production staff and the cost of raw materials used up in the manufacturing process. - 4give 4 examples of external1. government
2. trade groupings
3. commercially provided
4. data bases and research - 51. what is government information 2. give an example of government information1.This comes from a reliable source as this is the governing body that they business operates within.
2.For example, if the Government offered businesses grants for opening manufacturing plants in areas of high unemployment a company might use this information to their advantage to set up a new plant at a lower cost than in another area. - 61. what are trade groupings 2. give an example1. This is a group of businesses that operate within the same sector and not within the same location.
2.For example tech companies would be part of the Technical Trade Association and Farmers part of the Farming Association within a country or region. - 71. what is commercially provided 2. what is are databases and research1.Companies can use this information to help them make the correct business decisions.
2.Companies can research information that might help them increase the sales and level of interest in their business. - 8research and methodsresearch and methods
- 91. what is primary research 2.name 3 benefits and negatives fr this type of research1. Primary research (field research) involves the collection of data that does not already exist. This can be achieved through numerous forms, including questionnaires and interviews
2. benefits:
Can be tailored to the companies needs
Company can control the flow of information
Can be adapted on the spot to gauge additional opinion
Negatives:
Could be very expensive because many people need to be contacted.
Take a long time and be out of date when the research is complete.
People may not reply if emails or letters used. - 101. what is primary research 2. give 4/3 benefits and negatives of this type of research1.Secondary research (desk research) involves the summary or collation of existing research rather than primary research, where data is collected from, for example, research subjects or experiments.
2. benefits:
Companies hired know what they are doing and where to look for information
Companies hired can analyse information
It is easier to get someone else to do the work
Does not require additional staffing
negatives:
Can be expensive
Relies on the honesty of the external body
Can be too specific and non adaptable. - 111.what is qualitative methods 2. what is Quantitative methods1.Qualitative methods are ways of collecting data which are concerned with describing purpose and meaning, reasons for things, rather than with drawing statistical responses.
2.Quantitative methods allow for statistically reliable information obtained from numerical measurement to be backed up by and enriched by information about the research participants' explanations
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- Descripción
- A level IT Fichas sobre 3.2, creado por Adam Seekings el 07/02/2020.
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- Adam Seekings
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- Creado por Declan Fletcher · 3 feb 2020
- Copiado por Adam Seekings · 7 feb 2020
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