...Cornelius Ademule Task1: Explain the different types of business information, their sources and purpose. TESCO Introduction Business information is important to an organisation because it helps the business to grown and develops including the external information that is brought into the company to help their aims and purposes. Business information could be gathered through external and internal information Tesco PLC is a British multinational grocery and general merchandise retailer. As a big business it has its stakeholders. The communication is one of the most important things in the relationships between stakeholders. Communication needs to be effective in business. It is the essence of the business management. There are many categories of communication eg. oral, video, written, graphical, and multimedia used in a business information; sources would include department who provide the information, and the purpose of information. Category | Type of business information | Source(s) of information | Purpose of information | WrittenThis type of information could include emails, text, letter, memo, financial documents, etc.E.g. Notification for the next meeting, could be delivered through email. | The email could include information and details (date, time and topics) for the next meeting in Finance Department, about the prices and discounts. | Manager of Finance Departments could give this information to the employees. | The purpose is to notify the employees...
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...could be a firm that you work for, a shop that you visit regularly or even a family business. Your interview should find out the following: • The types of information they use with examples • The sources from which they get information • The purposes to which they put the information Different Types of information There is a different and wide variety of ways information can be used and sourced, and with an effective business person, they will research the information from a range of different sources before making that decision on which one their business should use. The types of information are: Verbal, written, onscreen, multi-media, and web based. Verbal information This type of information is based on a face-to face verbal communication and is considered the best way to communicate both internal and external. This means there is less scope for misunderstanding and it allows both verbal and non-verbal messages to go through. This is with the constraints of time and budgets in business, and it is not always possible or practical to meet the person, this is such as using telephone conversations, face time, that are also useful ways to communicate verbally, but it is still as important always to use a combination of methods. These ranges of verbal communications are huge as many businesses use this method for information, as speech enables complex ideas to be expressed and discussed. This means that although the absence of speech wouldn’t prevent us from communicating...
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...P1/M1 - Explain and analyse different types of business information, their source and purposes. Task 1 Verbal This is a use of sounds and words to express yourself, which includes the use of gestures or mannerisms. Advantages & disadvantages An advantage of why verbal communication would be beneficial during an meeting with Apple would be so that all of the information given out is broken down a lot easier making it easier to understand what is being said to the individual therefore they it is easily picked up and understood. Not only that if they were to use hand gestures they would keep the audience eager therefore people would keep focused throughout the whole of the meeting making it easier to sink in to everyone. Verbal communication makes it easier to express feelings to the people you are speaking to, for example if you are upset with a certain subject you are unable to express feelings over text, but with facial expressions and actually showing the emotions during a meeting, the individuals will actually be able to have a full understanding of what is being said. Another advantage of verbal communication is that people are able to get a quick response and feedback on what they have to say about what has been discussed during the meeting therefore they may note that down and take it into account as that is most likely what a meeting is all about, taking on board people’s emotions and feedback towards the certain topic. Some of the many disadvantages of verbal...
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...transferring information from one place to another; sharing information between individuals by using speech. Individuals working within a business need to effectively use verbal communication that employs readily understood spoken words, as well as ensuring that the enunciation, stress and tone of voice with which the words are expressed is appropriate. It’s is also like talking to someone; you are saying something to them and having a conversation. This includes talking face to face, in a meeting, in an interview, anyone like a friend, telephone, radio or television and other media. Advantages: 1. It is the fastest way of communicating. It doesn’t take time and money. 2. It is also a direct message because they go straight to the point. Like if you ask a question it is answered straight away. Therefore there is no time wasted. 3. You can tell by their face expression if they are sad or happy about what they are talking about, and also by their tone of voice. 4. You also can comfort them face-to-face. Disadvantages: 1. When you talk to someone, you can’t use that as evidence, there could be no proof you said something to them. 2. If you are speaking to someone who doesn’t speak English, it’s going to take time to translate and money to get a translator. 3. Also when talking to someone, the conversation can get boring and the person might not be listening. 4. This information can be easily forgotten. 5. If the person you’re talking to speaks a different language,...
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...P1 Explain different types of business information, their sources and purposes 1 P2 Present complex internal business information using three different methods appropriate to the user’s needs 2 P3 Produce corporate communications 2 P4 Evaluate the external corporate communications of an existing product or service 2 P5 Explain the legal and ethical issues in relation to the use of business information 3 P6 Explain the operational issues in relation to the use of business information 3 P7 Outline electronic and non-electronic methods for communicating business information, using examples for different types of audience 4 M1 Analyse different types of business information and their sources 1 M2 Analyse the legal, ethical and operational issues in relation to the use of business information, using appropriate examples. 3 D1 Evaluate the appropriateness of business information used to make strategic decisions 1 D2 Evaluate the effectiveness of business information and its communication as key contributors to the success of an organisation, using examples to illustrate your points. 2 General comments on assignment: Grade Awarded Distinction Merit Pass Points: 70 80 90 Signed (teacher) Date Students Name: _______________________________ Teachers...
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...aims covered: 1. Understanding different types of business information 2. Be able to present business information effectively 3. Understand the issue and constraints in relation to the use of business information in organisations Know how to communicate business information using appropriate methods | Scenario:Students will use arrange of scenarios to do the following: | Assessment Evidence: | | Grading Criteria: | Evidenced: | Deadline | P1 | Explain different types of business information, their sources and purposes | | | Mr6yoi4444444444444,P2 | Present complex internal business information using three different methods appropriate to the user’s needs | | | P3 | Produce corporate communication | | | P4 | Evaluate the external corporate communications of an existing product or service | | | P5 | Explain the legal and ethical issues in relations to the use of business information | | | P6 | Explain the operational issues in relation to the use of business information | | | P7 | Outline electronic and non-electronic methods for communicating business information, using examples for different types of audience | | | M1 | Analyse different types of business information and their sources | | | M2 | Analyse the legal, ethical and operational issues in relation to the use of business information, suing appropriate examples | | | D1 | Evaluate the appropriateness of business information used to make strategic decision ...
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... ASSIGNMENT BRIEF 1-TYPES OF INFORMATION TUTOR: Mr E. ROTICH LAUNCH DATE: 5/09/2013 SUBMISSION DATE: 16/09/13 This assignment brief assesses the following criteria: P1 Explain different types of business information, their sources and purposes.M1 Analyse different types of business information and their sources.D1 Evaluate the appropriateness of business information used to make strategic decisions. | Scenario: You have been asked to carry out an audit on the types of information used within a business to report back to management on the range of information used, the way in which it is used, and the appropriateness of information used in decision making. Task One P1 Explain different types of business information, their sources and purposes Write a report to show the results of your investigation into information in an organisation of your choice. In order to do this you should complete the following activities. * Complete a table like the one below to show types, sources and purposes of information used within the organisation. Try to include at least two examples of each type of information. Type of Information | Example | Description | Purpose | Source | Verbal | | | | | Written | | | | | On-Screen | | | | | Multimedia | | | | | Web-based | | | | | * Where possible cross reference your example to evidence of this in your appendices, for example, a screenshot of web-based information or a copy of a letter...
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...Indicate the page numbers where the evidence can be found. | Criteria reference | To achieve the criteria the evidence must show that the learner is able to: | | Task no. | | Evidence | P1 | explain different types of business information, their sources and purposes | | 1 | | | P2 | present complex internal business information using three different methods appropriate to the user’s needs | | 2 | | | P3 | produce corporate communications | | 3 | | | P4 | evaluate the external corporate communications of an existing product or service | | 4 | | | P5 | explain the legal and ethical issues in relation to the use of business information | | 5 | | | P6 | explain the operational issues in relation to the use of business information | | 6 | | | P7 | outline electronic and non-electronic methodsfor communicating business information, using examples for different types of audience. | | 7 | | | M1 | analyse different types of business information and their sources | | 8 | | | M2 | analyse the legal, ethical and operational issues in relation to the use of business information, using appropriate examples. | | 9 | | | Learner declaration | I certify that the work submitted for this assignment is my own. I have clearly referenced any sources used in the work. I understand that false declaration is a form of malpractice.Learner signature:...
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...------------------------------------------------- Understanding different types of business information used in the school 2) ------------------------------------------------- Help staff to be able to present business information effectively 3) ------------------------------------------------- Help them to understand the issues and constraints in relation to the use of business information in the school 4) ------------------------------------------------- Ensure we all know how to communicate business information using appropriate methods ------------------------------------------------- The Headteacher wants a presentation he can take to the whole staff explaining the current situation with your intended improvements. This can take the form of a PowerPoint presentation accompanied with the necessary support materials in poster or report format. Task One ------------------------------------------------- P1 explain different types of business information, their sources and purposes 1a) Explain what types of verbal; written; onscreen; multi-media; web based information the school currently uses? 1b) Where are the sources of the information? Sources of information: internal, eg financial, human resources, marketing, purchasing, administration; external, eg government, council, commercially provided, databases, research; reliability of data sources 1c) What are the purposes of the different types of information? Purpose of information: updating knowledge; informing...
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...value: 10 Guided learning hours: 60: 10 Guided learning hours: 60 Aim and purpose The aim of this unit is to show learners that the collection and management of business information, and the successful communication of that information throughout a business, is critical for the future prosperity of the organisation. Unit introduction A business needs accurate and relevant information from internal and external sources in order to operate profitably. Proper collection of data creates an environment where informed decisions can be taken for the benefit of the business. In order to manage information effectively, there must be good communication systems within the organisation. Staff must possess good verbal and written skills in order to communicate and share information. Business information can be used to obtain competitive advantage and promote efficiency. Organisations generate information internally, recording details of products manufactured, purchased and sold, and their associated costs. Businesses use information to manage not only what is currently happening in the organisation but also to plan for the future and ensure their survival. Information is collected, stored, manipulated, analysed and reported to those who need to use it. People need to become skilled manipulators and users of information to ensure organisations become more efficient and succeed in achieving their stated purposes. Since the development of the personal computer and more recently the internet...
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... | Hand in deadline |Actual date submitted on | |Thursday 22nd October 2015 |Friday 13th November 2015 | | | | | |Assignment title |Google IT! | |The aim of this unit is to show learners that the collection and management of business information, and the successful communication of that information | |throughout a business, is critical for the future prosperity of the organisation....
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...only explain about communication but also give practical examples. You will only need to investigate @Bristol for this assignment. Task 1 - Explain different types of business information, their source and purpose (P1) To answer this task you will therefore need to interview the manager of a local business. This could be a firm that you work for, a shop that you visit regularly or even a family business. Your interview should find out the following: ◾The types of information they use with examples - verbal; written; on-screen; multi media; web based ◾The sources from which they get information - internal or external ◾The purposes to which they put the information - updating knowledge; informing future developments; strategic direction; SWOT analysis; offering competitive insight; communicating sales promotions; inviting support for activities When constructing and conducting your research use the unit content to guide you. You should now write a series of guidance notes in the form of a handbook called “No Benefit Of Doubt” explaining the terminology of types of business information using examples from your organisation. The booklet should be a comprehensive ‘at a glance’ help for new entrepreneurs wanting to ensure they have collected sufficient information before starting up. Task 2 - Analyse different types of business information and their sources (M1) Different types of business information you...
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...Heading: Task 1 – Types and Purpose of Information Introduction: In this unit, I will be helping to put together a new Christmas marketing campaign for John Lewis. In this task, I will be describing the different types of business information that John Lewis will use when going through each stage of preparing a new Christmas advert. ‘Types of information’ (use pages 126/127 to explain the following) * Verbal (what is it and how could John Lewis use it, for example, the marketing director at John Lewis may want to explain the theme of this year’s advert face to face with his staff to help create passion for the concept) * Written (what is it and how could John Lewis use it, for example, the marketing director may want to state all the resources that will be needed to make the campaign a success) * On-screen (what is it and how could John Lewis use it, for example, the marketing director may wish to use on-screen technology for his initial presentations of the theme) * Multi-media (what is it and how could John Lewis use it, for example, the marketing department may want to show their first drafts of the campaign on a computer along with audio for increased impact) * Web-based (what is it and how could John Lewis use it, for example, the marketing director may want to send e-mails to other parts of the organisation explaining the idea along with some statistical data based on recent surveys.) ‘Purpose of information’ (use pages 127/128/129...
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...Communication H/502/5413 BTEC National 10 Guided learning hours: 60 Aim and purpose The aim of this unit is to show learners that the collection and management of business information, and the successful communication of that information throughout a business, is critical for the future prosperity of the organisation. Unit introduction A business needs accurate and relevant information from internal and external sources in order to operate profitably. Proper collection of data creates an environment where informed decisions can be taken for the benefit of the business. In order to manage information effectively, there must be good communication systems within the organisation. Staff must possess good verbal and written skills in order to communicate and share information Business information can be used to obtain competitive advantage and promote efficiency. Organisations generate information internally, recording details of products manufactured, purchased and sold, and their associated costs. Businesses use information to manage not only what is currently happening in the organisation but also to plan for the future and ensure their survival. Information is collected, stored, manipulated, analysed and reported to those who need to use it. People need to become skilled manipulators and users of information to ensure organisations become more efficient and succeed in achieving their stated purposes. Since the development of the personal computer and more recently the internet...
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...Environment (10 Credits) ASSIGNMENT 1 – Two Businesses on our Doorstep Learner Outcomes: 1. Know the range of different businesses and their ownership 2. Understand how businesses are organised to achieve their purposes Scenario: You work as a junior journalist for the local newspaper which is planning to run a feature article on local businesses Task: 1. Learners must describe (P1) the type of business, purpose and ownership of two contrasting businesses 2. Learners must describe (P2), explain (M1) the different stakeholders who influence the purpose of two contrasting businesses 3. Learners must describe (P3) how two businesses are organised 4. Learners must explain (P4) how their style of organisation helps them to fulfil their purpose 5. Learners evaluate (D1) the influence different stakeholders exert in one organisation TIP – Include the following: Range of different businesses Local, National, International, Global, Public, Private Not for profit/voluntary Sectors of business activity (primary, secondary, tertiary) Business purposes Supply of products or services, Difference between profit and not-for profit organisations Ownership Public, private & voluntary sectors Types of ownership (sole trader, partnerships, private and public limited companies, government agencies, worker cooperatives, charitable trusts) Main implications of different types of ownership on businesses (extent of liability, limitations to operation for public and charitable organisations)...
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