Page
  1. 1
    1
  2. 2
    2
  3. 3
    3
  4. 4
    4
  5. 5
    5
  6. 6
    6
  7. 7
    7
  8. 8
    8
  9. 9
    9
  10. 10
    10
  11. 11
    11
  12. 12
    12
  13. 13
    13
  14. 14
    14
  15. 15
    15

The use of software to aid decision making.

Extracts from this document...

Introduction

2.4 The use of software to aid decision making The achievement of Kool keyrings will depend on the effectual and accurate production of goods and services. However the speed and efficiency of the products is also a great factor that must be considered. Today businesses totally depend on electronic devices to help them through out their regular day for example a bank has an automatic calculator to calculate to avoid wasting staff times and to also speed up the process of the bank. To make it easier for our business we will also use a range of technology. We have decided this because it will increase the phase of productivity and also increase the amount of production and will be less time consuming and more cost effective. "Computers have led to a worldwide information network available to everyone. Hand held apparatus means anyone can communicate with anyone from anywhere at any time as well as with any of the 3,000,000 public databases available worldwide". http://atschool.eduweb.co.uk/girvanac/Millium/techset.htm the information above shows that computers are a great source of communication and the internet is a foundation for communication as it will provide me with data and clear information of themes, types of products and other information. We will be using various different Microsoft Office Packages and below are some main advantages: 1.

Middle

If we get to sell less keyrings than the predicted amount then our net profit will increase therefore the pie chart below will have to change again however this will be easy for us as we will have the data stored. Another software that we had used was Microsoft Word Microsoft Word allows a business to do several things, firstly they are able to extract, manipulate and change text. They can also type up this like a legal document such as the memorandum of association shown below. We used Microsoft to create our posters as we could add fancy text from word art. Many business use Microsoft Word to produce Memo's and other important documents such as minutes. However these are our long term targets to note down minutes and also to create memo's instead of verbally calling for a meeting. Example of a Memo Example of report The Microsoft document allows me to do various things as it has a lot of useful toolbars. The main options I used were: 1. New page - this was when I opened a new page even though I was doing other work. 2. Open button- this allows me to open any documents that are saved. 3. insert a box, arrow or any other object 4.

Conclusion

Data must be protected with suitable security against unauthorised view. To make sure these rules are met and not broken we will monitor them individually. How Kool Keyrings will use software to aid decision making Our business Kool Keyrings has applied all the information above in the business. Overall we will be using Microsoft word to produce letters if we need to get premises permission or need to write a letter to the investor or loan giver we can easily write a professional letter. We will also be using spreadsheet to create financial information such as the Cash Flow Forecast, Gantt chart etc. When we start selling our product we can use this to see whether we are making a loss or profit. We will also use the internet to check upon our competitors to deduce their strengths and weaknesses and to take their weaknesses in our hand. We will also use the internet to gain secondary research to back up our primary research. In the long term we may wish to set up an online business as this will increase our market and profit. We may use to the internet to advertise our product in the future. We will also e-mail will increase communication between members and other people linked to our business e.g. Investor. To further increase our business we may consider using Front page or Dream weaver to create a professional website to sell our products. Anisa Bibi Mrs Younas

The above preview is unformatted text

This student written piece of work is one of many that can be found in our AS and A Level Case Studies and Analysis section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related AS and A Level Case Studies and Analysis essays

  1. Marked by a teacher

    Business information and communication at Tescos.

    3 star(s)

    The source of the information is from the records which is the balance sheet after all expenses have been taken out also an evaluation which would be calculated from the book of finance. Methods used to communicate the information and why?

  2. Business plan. The business that I am going to produce is a personalised logo ...

    For my market research I will use mostly primary and secondary information which will give me a better idea on whether my business is going to be successful, or need further improvements. The research of which I will collect most of will be quantitative data, however small amounts of qualitative data will be collected.

  1. The main purpose of this research is to know and analyze whether the Olympic ...

    This methodology will make use of only the secondary research in order to review the case studies based on the past destinations which hosted the Olympics. The quantitative as well as the qualitative research methods are been used in order to complete the research process.

  2. NHS change management

    to welcome strong management, instead of resenting it than if they see themselves managed by others. As per Blanchard the final stage to achieve empowerment is through reducing hierarchical thinking and replaces them with self managed teams. In trying to do so, NHS implemented a management de-layering strategy.

  1. PEST is a planning tool which is used by a business to evaluate and ...

    Cornish pasties as they are seen as not healthy due to how many calories they provide this means that people will buy a product which provides less calorie consumption so that they do not go over the guide. Ginsters could overcome this by creating a healthier type of pastry to contain the contents of their Original Cornish pasties.

  2. Investigating Internet Marketing

    This channel sale is usually promoted as a convenient way to buy, easy and quick; offering the same prices as in-store and sometimes delivery is offered for free. Asda offers the same value for money, Orange offers the same good customer service or even better as the customer has more

  1. SWOT and Pestel analysis for Carlton Forum leisure centre

    Thus making it easier financially to enter the industry. * A high demand for fitness classes due to the increase in positive behaviour towards getting fit and being healthy. * The cost to set up would be very high, making it harder to start up.

  2. Unit 12 - International Dimensions of Business Task 1

    Laws everywhere today do not generally contrast each other, however the differences in laws everyone are extremely different and this can be because of a whole number of issues, maybe previous incidents in the country have led to a public demand to a change in law or sometimes the cultural

  • Over 180,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work

Marked by a teacher

This essay has been marked by one of our great teachers. You can read the full teachers notes when you download the essay.

Peer reviewed

This essay has been reviewed by one of our specialist student essay reviewing squad. Read the full review on the essay page.

Peer reviewed

This essay has been reviewed by one of our specialist student essay reviewing squad. Read the full review under the essay preview on this page.