Part of The Student Room Group

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

Keeping data accurate and reliable is seen as very important for businesses, as it is part of the running of the business for example business run using data as part as there day to day of the business; for example businesses such as Ford

Extracts from this document...

Introduction

Explain ways that the accuracy of source data can be improved before it is used. The Importance of keeping data accurate and reliable Keeping data accurate and reliable is seen as very important for businesses, as it is part of the running of the business for example business run using data as part as there day to day of the business; for example businesses such as Ford keep records of there customers, and potential customers, they have large databases of them, this helps Ford as this can help Ford to survive and stay alive, within the organisation people are constantly using data, this could be research or databases, this information is being used by the organisation it self from offices in head offices to the dealer branches where staff internally are using this information to help them in the running of the business. This research could help the company quite significantly as it contributes hugely into the success of the company. Businesses is using data all around the world, our world revolves around data, for example finding new cures for diseases in order for this to be done research and data would ...read more.

Middle

Investors are now becoming more cautious, with many reducing or withdrawing their investments. To keep data reliable ford must ensure that the data is up to date and it also needs to be complete. Old data is useless to the company, for example when Ford sends out information in the form of a letter, but if say the person moved house and Ford were still sending information to their old address, then they would simply would not get it. Data also has to be complete, uncompleted data such as postcodes missing a letter or number is again useless to the company because the company Ford cannot be sure the person will ever get the information they will be sending them. Accuracy of information can be improved by: > Checking the validation of the information source > Checking the facts and statistics (in terms of not being mislead) > Looking up where the source is originated > Comparing previews information accuracy with current one > Looking and checking whether the information source is meeting the actual needs Source Data How Accuracy can be improved Legal research data (For use in deciding business strategies) ...read more.

Conclusion

In this way they can evaluate any changes. Researching tools such as: > Mintel > National statistics > Social trends > Spending patterns > Target group index TGI All this helps Ford to identify customers buying behaviour in terms of and could help in developing a suitable product. Debtor amount owed data (For use in statements of account) Ford can do this by checking and comparing Owings to debts paid A business can get this information via seeking advice from certified accountants. Customers returns data (For use in monitoring quality) Ford can do this by monitoring products that had been returned and identifying problem, which as results can be dealt with. Results could also be: > Customer feedback > Suggestion schemes > Epos systems All this sources of information helps Ford to closely monitor certain quality of products and overall production performance, and where it can be improved. With the help of constant updates. Financial account data (For use in the final accounts) Ford can found out about information by identifying overspending areas and develop improvement tactics, for example strategies and can be done through. > Bank statements > Annual reports > Cash flows This information enables Ford to compare current data with previous data. ...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 ICT Systems and Application section.

Found what you're looking for?

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

or


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 ICT Systems and Application essays

  1. Advantages and disadvantages of using ICT for a business.

    User Documentation User documentation is made for beginners. This is because it is made in a very simple way. It has step by step instructions and diagrams and simple pictures so it is easy for them. Technical Documentation Technical documentation is made for professionals and experts because it is very complicated and confusing with big hard words.

  2. Explain the difference between primary and secondary sources of data, with examples.

    The results depend on how skilful the interviewer is. The interviewer can be very bias the three main problems are that the interviewer can often give clues like frowning that could influence them. The interviewer could follow up information they believe is more relevant. Or if there was more than one interviewer than it could mean that there was more than one bias.

  1. ICt - Accuracy

    Sometimes where data is to be entered via a key board, two operators may be asked to enter the same data. The two versions can then be compared and if they match the data is stored. If not, the source document is verified and looked at to see where the errors have been made.

  2. Method of Communicating through Business

    with an email, so paper is not getting wasting and it will be easier to correct on the computer from the original copy. For example a business document could be attached to an email such as a sale report. This is benefit to a sale manger because he can send

  1. I am going to be looking at Tesco. I will be focusing on what ...

    EPOS is a functional system, as the barcode method is a much better, more reliable method than any alternatives available, which is why Tesco uses it.Tesco uses many of these systems in all of their stores, and all the information is fed into their main database.

  2. I suppose that without the help from the above technologies and other technologies, Mr ...

    Technology 2 - Personal Digital Assistant (HP iPAQ 200 Enterprise Handheld) The HP iPAQ 200 Enterprise Handheld (PDA) has many features which aids many businessmen. First of all, the PDA has a 4 inch touch screen display and has a stylish design making it a great deployment platform for enterprise applications.

  1. Why is accuracy so important on a website?

    Type Check This Checks that an entered value is of a certain sort. An example would be there is a field which requires your date of birth check that what is entered is numeric. This is an accurate method as it checks that you have entered the correct format of data has been entered.

  2. How important was the aim of reducing the burden on the ratepayers in the ...

    The act allowed groups of parishes to form unions and build joint poor-houses in order to share the cost of poor relief to the able-bodied unemployed without forcing them to do work for the parish, and they were provided with either outdoor relief or employment near their own homes and this demonstrated the Governments Humanitarianism.

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