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Information and Data in Operation

   

Added on  2022-12-27

8 Pages844 Words52 Views
Information and data within operation
All operations or functional areas part of organisation hierarchy are
coordinated with support of information and knowledge.
Management at Marks and Spencer Company collect information about
market, sales, trends, customer choices and preferences and all other
key functional areas.
Company form strategies on the basis of information collected by
research team.
Different functional strategies of company such as marketing strategies,
sales strategies public relation strategy and all other key techniques are
designed based on information collected.
In corporate sector all functions and operations are forwarded on the
basis of information collected.
Information and Data in Operation_1
Cont..
The entire process start from strategic planning strictly follow all information
collected by professionals about market and customers.
Retail sector is very volatile in nature which allow the sector to address change very
constantly.
Especially in context to such sector that changes very frequently information become
more essential and important to take decisions and implement different strategies.
Marks and Spencer Company is only engaged in retailing products but for all business
entities that are involved under production of retail sector products information
become more crucial.
In any business decision making become very crucial behind the overall growth and
success of business entity information is the key to achieve business growth.
Information and Data in Operation_2
Information capture and store
The information collected by professionals is stored in database system
designed by business entity.
In retail sector several types of data base systems are used by companies.
Centralised database system is basic system use by companies.
Client server is also used by companies.
Data cleansing is also an effective system that is used.
Data mining, data security, data validation, data warehousing, database
administrator is among the crucial systems that is used in retail sector.
Database management system is the one which is using by Marks and
Spencer Company to store and analysis the information.
Information and Data in Operation_3

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