Importance of Informatics and Financial Applications in Retail Industry

INFORMATICS AND FINANCIAL APPLICATIONSASSIGNMENT 1
INFORMATICS AND FINANCIAL APPLICATIONS
ASSIGNMENT 1
NAME
STUDENT NUMBER
A PICTURE ILLUSTRATING YOUR REPORTS
1
Name Student Number
Introduction
Social Media
and Business
Importance of
Social Media
Data and
Business
Favourite Brands
of Shampoo

INFORMATICS AND FINANCIAL APPLICATIONSASSIGNMENT 1
Executive Summary
The present report provided an overview of the importance of the informatics in the
business. The industry that has been selected in this case is the retail industry. The first
part discusses about the social media. Social media is an important platform that business
organization uses for different purposes. In retail industry, the main problem include
selection of the target market. Hence, the organization needs to develop effective strategy
for establishing the connection with the customers and creating loyalty in the market.
Social media also encourages two way communication which is essential for the
business. The next part discusses about the importance of the data in the business. This
section provides an overview of the importance of the data in the market.
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Name Student Number

INFORMATICS AND FINANCIAL APPLICATIONSASSIGNMENT 1
Table of Contents
Executive Summary............................................................................................................2
Introduction.........................................................................................................................4
Social Media and Business.................................................................................................4
Data and Business...............................................................................................................5
References...........................................................................................................................8
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Name Student Number

INFORMATICS AND FINANCIAL APPLICATIONSASSIGNMENT 1
Table of Figure
Figure 1: Importance of Social Media................................................................................6
Chart 1: Favourite Brands of Shampoo...............................................................................8
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Name Student Number