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Business

Konrad Pilch
Konrad Pilch
2,435 Points

Good Information

Characteristic of good information are:

• Cost-effective, (is the cost of getting the information prohibitive – cost benefit analysis)

• Sufficient accurate,

• Reliability / Verified? o From a source in which use has confidence / Reliable

Sources of information & Business functions areas • Internal o Sales / Marketing ¦ Attendance ¦ Reprographics ¦ External Training ¦ Finance ¦ Personnel/HR ¦ Admin or Student Data ¦ Student Support ¦ Library ¦ Subject Departments

Note: Explain any 2 areas with example of information used and explain the flow that information within the Academy (where does it originate, where does it go).

Use the given case study (cover in business functional areas) • Information flows to external bodies; - explain above briefly only, diagram not necessary

1 Answer

Konrad Pilch
Konrad Pilch
2,435 Points

What are you doing? Why did you put your self 'Best Answer' ?

Konrad Pilch
Konrad Pilch
2,435 Points

Thats a question. I just wanted a little overview on it, but its ok now.