Wednesday, 2 August 2017

LO4 : Be able to use it tools to produce management information

4.1 Tools

  • Database

A database is a collection of information that is organized so that it can be easily accessed, managed and updated.

  • Artificial Intelligence

Artificial intelligence (AI) is an area of computer science that emphasizes the creation of intelligent machines that work and react like humans. Some of the activities computers with artificial intelligence are designed for include:
  • Speech recognition
  • Learning
  • Planning
  • Problem solving

  • Spreadsheets

A spreadsheet is a sheet of paper that shows accounting or other data in rows and columns.

  • Internet

An electronic communications network that connects computer networks and organizational computer facilities around the world.


4.2 Gather information
  • Define the requirement
Identify and collect someone data information
  • Establish sources of information
Collecting the need of the information : name,age,status,address
  • Define other factors to be considered
Interview, books and newspaper
  • Select information
Select the right information which is valid and reliable such as interview people

4.3 Analyze information
Quality of information
  • Validity of information
                                                                                                  
  • Accuracy of information

  • Currency of information

  • Relevance of information

4.4 Management information

Reports
 A document containing information organized in a narrative, graphic, or arrangement form
  • Sales Report

  • Population Statistics

  • Marketing Analysis


References:

No comments:

Post a Comment