• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month
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. ...read more.

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. ...read more.

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 ...read more.

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. Business Plan window cleaning

    With this information, I create the break-even chart shown below. The chart shows that the business will break-even if I get 380 customers. The chart also helps to analyse the financial position of the business. From this I can see how much profit and loss I will be depending on how many customer I get.

  2. Investigating Internet Marketing

    Also a 24/7 location allows customers to buy products/services at any time. Orange makes use of this marketing mix segment by adding links on several websites and also by using Pay per Click and Search Engine Optimisation techniques.

  1. NHS change management

    Identify Innovators as they lead change. However in some area people still felt that the communication about the change was not proper and in some areas people were satisfied. What NHS needs to realize is how important it is to sustain and keep the staff motivated throughout the ten year change program.

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

    This will affect Ginsters as it will cost the money to implement but the main affect on Ginsters will be that that will make trading harder for Ginsters. This may affect Ginsters as people may not be able afford to buy Ginsters products on such a regular basis or even

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

    Sale of Goods Act 1979: This means that you must only describe what's being sold so that the customers don't expect something else. It must be sold to the standard of quality that has been aimed and described. It must match your promises of performance which you have included in the description.

  2. Unit 12 - International Dimensions of Business Task 1

    organisation, is it a public organisation or does it have another type of representation. The result of these three determine many factors such as the way in which shares of the company are divided and traded and this is what I will now be examining of RyanAir and British Airways

  1. SWOT and Pestel analysis for Carlton Forum leisure centre

    Industrial classification is a way of organising all the economy's business and activities, this is normally recognised by the kind of product or service it provides. Carlton forum falls under the category of tertiary section service industry. This is because Carlton forum offer activities, service and knowledge to help improve, better and sustain themselves..

  2. Consumer Behaviour Research. When the holiday decision making plan of 27 Belgian households ...

    External search: - In the first step, customers often set the criteria through: brand name, producer, price, applications, durability , style, product line and rating. - The second step, customer will base on these criteria to get information via different sources including the internet , advertisting on TV, family/friends, media and dealerships.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work