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Generate valid, accurate and useful information and justify the information selected to support a business decision-making process.

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Introduction

Transfer-Encoding: chunked ´╗┐Generate valid, accurate and useful information and justify the information selected to support a business decision-making process. All the information that I have generated is valid, accurate and useful; there are many reasons for this. Good information should be reliable. Reliable information is accurate and can be used for what it is needed for. Reliable information is information that you can trust, for instance, gaining data from the government. I got my information from my Nomsweb which is a reliable website that holds lots of information from different dates. All the information is data that can be trusted and was useful to me. This website gets its information from HM and revenue which is a government based company which means that the data is reliable. ...read more.

Middle

If a business was looking to cut costs they might look at their electricity bill and try to see where they could save money; this would be relevant information as they can use it to reduce their costs. All the information is what I needed it for; it was useful, up to date and accurate which made it relevant for what I needed it for. After thorough research into different areas of the UK and their financial stability I have made a decision on where the roadshow should be located. The location I picked has a substantial number of young people who are in professional employment which means they are likely to be interested in saving and investment opportunities. ...read more.

Conclusion

I then created a graph using the top 20 places. The place that is most suitable and where the roadshow should be located is in Tower Hamlets. This is because they have the most people earning the most annual pay which means they will have funds to save and invest money. Although Hammersmith and Fulham is higher in terms of population, it?s important to have people who have the most amount of money as they will be more likely to want to be interested in savings and investment opportunities. Places such as Hounslow, Richmond, Winsor, Hillingdon and Aberdeen city were not as suitable because although they are within in the top 20 places that would be suitable, they have a smaller population and smaller annual pay which means they will be more unlikely to be uninterested in the products the roadshow will offer. ...read more.

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