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BTEC Level 3 Unit 3: Information Systems
Mr Satari Lesson 4 & 5
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Lesson Aim: Lo1 We are learning about:
The purpose of information, information flow and characteristics of good information (reliability). We are learning to be Collaborative and aspirant We are learning to use Literacy skills, fact-finding and team-work
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Purpose of information
Operational support Analysis Decision making Competitive advantage
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Operational support Monitoring and controlling activities
Making immediate use of information minute by minute Stock: the things needed based on the sales, employees, resources Price matching with different stores
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Analysis Performing data processing
Identifying pattern, trends monitor business Compare different stores locally and nationally Analyse sales to predict growth and future revenue, staffing, budgeting and advertising.
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Decision making Support decisions when problems / issues arise
You can reduce: cost by reducing stock wastage (orders), staff (hours worked) Operational: at branch level Tactical: small groups of branches Strategic: regional or national
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Gaining advantage Taking advantage of events locally, as well as internally and externally Business responding to local events, for example a game being played or any other sporting events etc…
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Flow of information Upwards
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Task 1 (15) For this task, look at either Domino’s Pizza or McDonald’s. Look at how they use information for the following: Operation support Analysis Decision making Competitive advantage
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Flow of information Downwards
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Flow of information Across
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Reliability of data source?
What is the most reliable type of information? (Academic databases, Wikipedia, material based on opinion, government) Free data limited Which sources should you use?
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