Note that your final mark will not be saved in the system.
Categories of information used by organisations GapFill
You must fill all the gaps before clicking ‘Check Answers!’
Businesses generate, hold, manage and use vast amounts of information. Sometimes they the information themselves, while other information comes from external sources.
As they grow, so does the volume of information. In order to hold and keep track of this information, they need a good : a complex computer system that takes in data about a business and provides analysis and information output, which is used by management teams to make important business decisions.
In order to tell the public about new products to generate income, a business must use marketing and .
In order to stay profitable, businesses need constant access to their sales data so they can quickly pick up on issues and see which their top performing products are. Businesses will use software to generate reports. This is an example of financial and modelling.
Businesses need to keep a record of all of their supplier and clients' names, addresses and contact details. Keeping this on paper is inefficient, so a system is usually set up.
Managers and company directors use information to inform across the company, such as new locations, staffing needs and when to bring out or retire products.
communications happen within a company between the management and staff, and between the staff working on a particular project. communications are used to send messages to people outside the company, such as to clients and customers.
When businesses and governments generate vast datasets, such as nationwide sales data, or information about an entire country, we call this data. While this type of data can be very useful, it can be hard to analyse, and some might lack proper structure.