MG413 Assignment: Data Insights and Information in Professional Sector

This presentation analyzes the role of data and information in the professional sector, with a focus on data insights. It explores the types of data collected, including primary, secondary, and third-party data, and examines how organizations like ASDA utilize data for various business functions. The presentation covers key areas such as customer relationship management, inventory management, and the use of data for innovation and decision-making. It also delves into the types of databases and information systems employed, such as Decision Support Systems (DSS) and Management Information Systems (MIS). The content highlights how data is used to gain insights for business decisions, improve operational efficiency, and drive strategic initiatives within the retail industry. The presentation concludes by summarizing the effectiveness of data insights in bringing creativity, innovation, and a dynamic business environment to the retail sector.