Catergories of information used by organisations

Knowledge, management and creation- Model of key markets, market research to be shared with employees

Advantages: Company is aware of facts, product makers will be aware what to make, leads to innovative ideas

Disadvantages: Security- information could be leaked, wasted opputunities, creation of confusion, dependent on knowledge contributers

MIS- Staff sickness levels, attendence, grades, behaviour records

Advantages: Get to view patterns, provides apporpiate dates, keeps departments more efficient

Disadvantages: Complex system, expensive, maintenance

Marketing, promotion and sales- Sales figures, market surveys

Advantages: Companies will be better informed, able to attract audiences, budget, better informatoin

Disadvantages: Results…