Tuesday, 13 June 2017

Lo1

2 Sources of Information:

Internal Information
is vital to the successful management of the organisation. The information may be available from a number of sources within the organisation, for example:
  • Marketing and sales information on performance, revenues, markets shares, distribution channels, etc.
  • Production and operational information on assets, quality, standards, etc.
  • Financial information on profits, costs, margins, cash flows, investments, etc.
  • Internal documentation such as order forms, invoices, credit notes, procedural manuals.

External Information
happening beyond the boundaries of the organisation. This covers any documentation relating to a subject area produced as a summary or detailed report by an agency external to an organisation. Such information may be obtainable from government agencies or private information providers.  Examples might include:
  • census figures
  • telephone directories
  • judgments on court cases
  • computer users’ yearbook
  • legislation, for example
  • gallup polls the Data Protection Act
  • national opinion polls
  • trade journals 
  • Ordnance Survey maps
  • professional publications
  • financial services agencies such
  • industry standards as Dunn and Bradstreet
  • the Internet

Jhigh.co.uk. (2017). Sources of Information. [online] Available at: http://www.jhigh.co.uk/Intermediate2/Using%20Information/4_sources_of_information.html [Accessed 14 Jun. 2017].

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