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Identify and Select Relevant Sources of Data and Information for Decision Making

   

Added on  2022-11-23

15 Pages957 Words76 Views
IDENTIFY AND SELECT
RELEVANT SOURCES OF DATA
AND INFORMATION FOR
DECISION MAKING

Table of Contents
Introduction
Main body
Role of information in retail industry
Which type of data is used by company
Use of information in operations of retail
key references to types of data bases and information system
data delivered insight the decision making
Secondary and primary research
Conclusion
References

INTRODUCTION
There are different sources of information which are used in the process of
decision making by the seniors of the organisation.
Retail industry works with the process of selling consumer goods and
services with the help of different channels in the aim to earn profits
(Porto, and et.al., 2020).
Retailers will satisfy the demands of the customers with the help of a
supply chain.

Role of information and data within retail industry
With the increasing in globalization, it can be said that the contribution of information
and data has increased drastically.
Information technology plays vital role in dealing with complex retail operations.

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