BTEC level 5 RQF - Class C

1. Management information system: Features:  Reporting – produce information that helps to make decision-making. collect   retrieve data - can get back or recover the information.   view . Benefits:  o     Provide the data to identify better business productivity and efficiency. o     Minimize information overload o     It makes control easier. o     Manage and able to make quick informed strategic diction. Effectiveness criteria e.g. accuracy, sustainability, response times, confident.  o     Accuracy: it needs to be correct as any other source. o     Sustainability: the information need to be trustworthy. o     Response time: it requires specific times when the day start. o     Confidence: there need to have confident so error need to be corrected as soon and the user need to be inform of the upgrade. 2. Marketing information system ·           Features: o     Continuous flow – provide a continuation flow of information for decision

features of information system  divided onto 5: 1. data - raw information - store in logical way such as email - so you can use it in the future - data is being summered to create information. 2. people- involve in capturing and exploiting the information - specific people - this people need to know who is interchange of capturing the information, in order to extract the information form it. 3. Hardware - equipment use to manage the software. - MIS (Management Information System) may run the sales or finance director's PC. - involve computer (small organization) - involve server (large organization) 4. software - the simplest MIS can be built using standard software. - can be expensive when it is buy separately - program that is build inside the computer. 5. telecommunication - the internet - to communicate with other people. - in order to secure information need to have firewall to protect the in going data. Function of information system  1. input - da

  connection  is a term that describes the link between a plug or connector into a  port .  For example, your  monitor ,  mouse , and  keyboard  all must connect to the computer before they work. cabling   a  cable  is one or more  wires  covered in a plastic covering that allows for the transmission of  power  or  data  between devices. Leased line Telephone line or data line that is rented by a private individual or company from a telephone company or data line provider. A  leased line  is always connected and does not require any special number to be connected.  A great example of a common leased line is a  T1  data line. A  T1  is a  leased data communications line  capable of transmitting 1,544,000  bits  per second. T1 lines are used for transferring a company's  network  data to the  Internet  or for an  ISP  connection. The advantage of using T1 is,    you are not sharing your connection with others,  much more secure connection and  get the same download and up

Retail Sales Information System 1.       Advantages of the 1st system ·          Easier to manage the sales due to the sales is captured day by day ·          We get to know the daily sales ·          The information is timely as it is updated every day 2.       Advantages of the 2 nd  system ·          The information is valid because of its being track monthly ·          More time for decision making ·          The Products directly sent from supplier to receiver 3.       Limitation ·           1st system                                                               i.        Time limitation as it needs to be update daily                                                             ii.        Need to be validate accurately ·           2nd system                                                               i.        More decision to make                                ii.   The arrival of the product may be delay or not exact 4.       Retail

Good information is commonly used for business purpose example on making a desition there are 11 characteristics of good information:  1. Valid - valid means true base in logic or fact. example: registration form, in which it gives the true information of someone. 2. Reliable - the information given is consistency and good in quality or performance, in a simpler way it is a type of information that is able to be trusted. example: newspaper information which it gives trusted information to the peoples.  3. Timely Information "Current Information" - means spreading the information in real time. (available to be used) Example: getting live information on a subject on a live news channel. example of information in the organization: the manager need the information of the October sales, so only the information of sales in October only will be given and no need for the employee go back to find the information from the past. 4. Fit-for-Purpose

Sources of information Coffee bean & Tea Human resource department 1.       Hiring and recruiting -  qualitative ·          The company needs information about the new hiring staffs for the reference ·          Example: this department will keep the staff's information for their future such as emergency cases Purchasing department 2.       Evaluate the price of the product –  quantitative ·          Giving a discount for those customers who purchase up to $20 ·          Example: if a customer total purchase is $20, we shall give them 20% off - $20 after discount $16 Manufacturing department 3.       Creating items for sales such as the official coffebean merchandise –  quantitative & qualitative ·          Quantitative                                                   i.        the company budget must be set up only for $200 to produce the merchandise                                                 ii.        only 5 quantity per items

Describe and give example. Includes 2 advantage and 2 disadvantage of each type: 1. Qualitative - is about a description of something that not involves counting such as color, text, appearance texture and many more. Disadvantage - exhausted from an interview and time consuming to find the information Advantages - a much more reliable and personal approach 2. Quantitative - something that includes numbers or information containing numbers in height, weight, speed, time, cost, ages and many more. Disadvantage - large number of study to get the accurate result and Advantages -  it specific the research problem and help to answer a question such as "how much?" 3. Primary data - is a real-time data which is ongoing. Usually, it is data that we collect our self or being in charge of involving you such as focus group, interviews, and research information. Disadvantage - time-consuming of collecting needs information and need to organize times properly for an intervi