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

Describe different ways of gathering business information.

Extracts from this document...

Introduction

´╗┐Task 2 Unit 4 Hasan Iqbal Business Studies Mrs Mistry Yr 10 ________________ There are many different ways a person can collect information, but in the end they are all split in to two different groups. The first is primary data which is familiar to a lot of people and the second secondary data which is also very familiar. Both these groups are very different to each other but in the 21st century world secondary data is commonly used as a way of gaining information for many people. So I will now split up the different forms of communication in to the two groups I mentioned earlier. Primary- Also known as field research, you can find it in many forms such as: questionnaires, surveys and interviews Secondary- also known as desk research you will find in such forms: internet, books/magazines, newspapers and reports Primary research of course has its advantages such as it can help develop skills and the data can be tailored to your own needs. ...read more.

Middle

Internet research is what makes one group of research very popular, and I?m sure you can guess its secondary data. The reason this is secondary data is because, its simple the internet is a huge database of information that everyone has collected. The internet since it was created has always been said to be there forever. So that?s an advantage the data will always be there, it is easy to buy and it can be done in the comfort of your own homes. But as I mentioned in the last section it can be unreliable on a very large scale, as it is the internet the database for the hold world it is a prime location for the phishers and hackers, you could risk downloading viruses or if downloading a file or visiting a page you may have a key logger downloaded to your computer which may risk all passwords being stolen. ...read more.

Conclusion

But the amount of information you get may be limited because of the questions, the answers may be lost on the way and also some people may not answer truthfully. But you will receive relevant answers and the surveys/questionnaires can be filled out quickly. Paper based reference materials these are things like leaflets, magazines, newspapers and more. They are secondary forms of data because they are collected and processed by different people. And as a result during this period the information can be edited on a large scale. The data can be relevant and it can be accessed rather quickly. However, the data can be expensive and may sometimes be unreliable. Leaflet below Looking for an amazing day out!!! Well here at 4688 adventures we would love to share our suggestions with you. Do you love your adventures well have a look at these, Dolphin swimming Kayaking Canoeing Theme parks Wing suit diving Rock Climbing Sky Diving Skiing Paintballing ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our GCSE Business, Companies and Organisation, Activity 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 GCSE Business, Companies and Organisation, Activity essays

  1. Tesco Research

    In addition, when there is recruitment, contestants who are suitable for the job are also contacted by telephone. There is also internal phoning linked together in different functional departments as they all work for achieving on goal of Tesco. Each department in Tesco automatically needs information from the other as in terms of co-ordination.

  2. English for business

    at the right P ....... presented in the most attractive way ( P.....) and available in the easiest way ( P......). 3. What is a product? It is something customers buy to...... a ........ they feel they have. The .......

  1. Business Studies Edexcel Coursework

    Drawbacks: Interviews are an expensive way of collecting information, because they are time-consuming to conduct. Errol may have to travel some distance between one interview and the next Secondary Research Techniques Internal Secondary data Errol can retrieve from inside his organisation.

  2. Business Studies

    Calculated as a percentage of the owners' original investment The planning cycle > Planning = Goals, objectives worked out, strategies decided upon and methods to measure progress Goal > strategy > Monitoring > control Financial markets relevant to business financial needs: * Major participants in financial markets > Banks -

  1. Business studies - Business Plan

    I have a good knowledge of Microsoft office programs this will aid me with paperwork that will be needed to be done as it will all have to be typed out and it will help me prepare a presentation for when I have to get a loan.

  2. Business Plan. After putting a lot of thought into what kind of business we ...

    which will help the environment as they will not go to waste when people throw them in the bin as the bins will be taken to the local recycling ground. Local citizens may like this and therefore come to my milkshake bar and spend money as they know that they are helping the environment to becoming environmentally friendly.

  1. Applied Business Unit 1

    accessories and media storage; CDs, DVDs, USB storage and memory cards etc. It is a trading company, it does not produce anything but it purchases products in bulk quantities and also imports goods. The company is engaged mainly in wholesale, retail and distribution.

  2. n this unit, I will be investigating two businesses namely, Boots and Pwc and ...

    In this area, staffs are able to focus their attention on both children and adults. Brief examples of the illnesses this section caters for are listed below: * Allergies * Sensitive skin * Diabetes * Pain relief * Those who want to quit smoking * Incontinence or bladder weaknesses *

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