Data Insights for Business Decisions

DATA INSIGHTS
FOR BUSINESS
DECISIONS

TABLE OF CONTENT
 Definition
 Role of data and information
 Types of data
 How information and data is used
 How information is captured
 How data is deliver insight for business decision making
 Market research used in conjunction with MIS
 Conclusion
 References

INTRODUCTION
Data is one of the most important as well crucial aspects for each and
every firm that is operational in the current market scenario which is
highly competitive and dynamic in nature since it helps the company to
analyse and evaluate the data so that it can help the organisation to grow
and prosper in the long run. In this report all the discussion and evaluation
has been done while taking the footwear sector into consideration since.

ROLE OF DATA AND INFORMATION
Data which is accurate and efficient too possess a lot of value since it
proves very beneficial from the company’s point of view as the decisions
can be taken which can further help it to grow and develop in the industry
in which it is operational. The footwear sector faces stiff competition since
the profit margin is too high and also due to the ease of entry and exit of
the enterprises.