Computing Research Project

Business functional areas Sales Purchasing Manufacturing Marketing Finance Human Resource Administration Purchasing The purchasing department is responsible for buying materials, good and service needed to run a business. The purchasing department is responsible for communicating with external companies supplying the goods and services to ensure they can deliver the product. Roles of purchasing One role of the purchasing department is to procure all necessary materials needed for production or daily operation of the company or government organization. Finance The finance department needs to communicate information to and from all departments to ensure the business operates successfully. Roles of Finance 1. Budget and Forecasting 2. Bookkeeping 3. Reporting References Business Functional Areas - Content Writer Content Writer. (2013). Business Functional Areas - Content Writer. [online] Available at: http://www.contentedwriter.com/busi

Explain each characteristic of goof information 1.        Valid – Information that is correct -           Example : Information supply by a governing body, National statistics 2.        Reliable – information that you can rely on as being correct -           It will be from a valid and trusted source -           Example : information supplied by sales department to the financial department 3.        Timely   - information that is from the correct time period 4.        Fit for purpose – information the is relevant to what you need it for -           Examples 5.        Accessible – information that is stored in a way that is can be easily accessed at any time -           Example : website 6.        Cost effective – information that is worth investing the time and money to get help make business decisions -           Example : survey 7.        Sufficient –Accurate information helps business make the correct decisions -           Example : if a sale

2 Sources of information Internal information This is information which is only available to the business. This information will be private and accurate. Internal information may take the form of sales figures, personnel records, customer records, and financial documents such as trading, profit and loss accounts and the balance sheet. External information This is information which comes from outside the business. This is gathered via mainly secondary information methods such as newspapers and magazines, the internet etc. References BBC - Higher Bitesize Business Management - Business information and ICT : Revision Bbc.co.uk. (2017). BBC - Higher Bitesize Business Management - Business information and ICT : Revision. [online] Available at: http://www.bbc.co.uk/bitesize/higher/business_management/business_enterprise/business_information_ict/revision/1/ [Accessed 14 Jun. 2017].

1. Explain Information System Information System is a set of components for collecting, creating, storing, processing, and distributing information, typically including hardware and software, system users, and the data itself 2. Explain the type of information and give example: Qualitative Qualitative information is non numeric information based on the quality of an item or object. Example: If you were testing water then you might say that the taste is either nice or not so nice.  Quantitative Quantitative information is information than can be directly measured and can be seen as factual information rather than opinion. Example: When testing water the fluoride content of the water might be measured in milligrams.  Primary Primary information is information that you collect yourself.  Example of primary information Carrying out a survey or using sales figures from your own cash registers Secondary Secondary information is information that is collected