Information Systems + Flow 0.0 / 5 ? Applied BusinessUnit 5ASAQA Created by: TashaCreated on: 21-03-14 12:02 Types of Information Qualitative Information Can not be expressed in numerical terms Based on customers information and issues. Helps a business understand its staff and customers and develop products Peoples likes and dislikes + employee motivation Can be used through: * Consumer Panels or Focus Groups * Observation of behavioural patterns *Surveys and Questionaires 1 of 5 Types of Information Quantitative Information Can be expressed numerically. Has defined values that can be measured E.G Size of population + volume of sales Information is easy to manipulate + process Can be processed and analyse to find historic trends, size of market Can be extrapolated to provide predictions of future outcomes. 2 of 5 Information Processing 1. Storing Infomration * Stored in a logical manner - Alphabetically, chronologically, numerically or geographic area * Easily retievable + accessible * easy to edit 3 of 5 Information Processing 2. Processing Information * Text manipulation - edit, copy, formatting, spelling * Mathematical Manuulation - stastical analysis * Classification - categoring data * Graphical Manipulation - line graphs Diagrammatic Manipulation - Flow sharts, Gantt Charts, Critical path analysis * Combination + synthesis - merging information, text + images 4 of 5 Information Processing 3. Retrieving Data Manual systems - single copy of infomration of info files and records. Means data can only be accessed and used by one person or department. Retrieving data is slow. Duplicating files will be expensive + time consuming. IT systems - Allow multiple users stimultaneous access to the same information from differing or remote locations 5 of 5
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