Lo4. BE ABLE TO USE IT TOOLS TO PRODUCE MANAGEMENT INFORMATION.

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

4.1.2 Artificial intelligence
Artificial Intelligence is a way of making a computer, a computer-controlled robot, or a software think intelligently, in the similar manner the intelligent humans think.

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

4.1.4 Internet

A means of connecting a computer to any other computer anywhere in the world is along as dedicated on routers and servers.

4.2 Gather information
4.2.1 Define the requirement
A requirement some quality or performance demanded of a person.

4.2.2 Establish sources of information
we need to interviewing the people or searching to internet.

4.2.3 Define other factor to be considered
Outsourcing considerations
-Coordination, information exchange, and paperwork problems
Globalization
-Use internet to find information systems of supplier and customs located around the world
-Companies  can now focus on their core competencies - quality and delivery.

4.2.4 Select information
mean we need to select information form were we need to search information.


4.3 Analyse information
4.3.1 Quality of information
Quality of information is an important concept. 

 4.3.1.1 Validity of information
For information to be valid, it must be both accurate and reliable.

 4.3.1.2 Accuracy of information
is the correctness of the information. Normally, the higher the accuracy of the information, the better is its quality.

 4.3.1.3 Currency of information
Currency is all about context, and it’s important to think about whether the publication date makes sense in relation to your argument. 

 4.3.1.4 Relevance of information
data that applies to the situation or problem that can help towards finding a solution

 4.4 Management information
4.4.1 Report
 4.4.1.1 Sales Report (Example)

A record of calls made and products sold during a particular time frame kept by a salesperson or their management.

 4.4.1.2 Population statistics (Example)
A population is a complete set of individual, objects, and measurements having some common characteristics

 4.4.1.3 Marking Analysis (Example)
is an assessment, which allows you to determine how suitable a particular market is for your industry.

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Ecomputernotes.com. (2017). What is Quality of Information?. [online] Available at: http://ecomputernotes.com/mis/what-is-mis/quality-of-information [Accessed 10 Aug. 2017].

Google.com.bn. (2017). other factor to be considered information - Carian Google. [online] Available at: https://www.google.com.bn/search?rlz=1C1LENP_enBN726BN726&biw=1440&bih=794&tbm=isch&sa=1&q=other+factor+to+be+considered+information+&oq=other+factor+to+be+considered+information+&gs_l=psy-ab.3...72352.74472.0.76667.13.13.0.0.0.0.112.1104.5j6.11.0....0...1.1.64.psy-ab..2.0.0.1Om7TzlRdtI#imgrc=pBQ3ZUQpEyDFeM: [Accessed 10 Aug. 2017].

Study.com. (2017). What is Market Analysis? - Definition & Examples - Video & Lesson Transcript | Study.com. [online] Available at: http://study.com/academy/lesson/what-is-market-analysis-definition-examples.html [Accessed 10 Aug. 2017].