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CATEGORIES OF INFORMATION USED BY ORGANISATIONS - Coggle Diagram

- - - - BENEFITS: Has links to many other websites so making it easier for people to access other parts of the organisation
        LIMITATIONS: Requires a good internet connection to access so it maybe difficult for some people to access to information held on the website
    - - BENEFITS: Allows staff to assignments or information to all students taking a specific subject so everyone gets the information at the same time increasing productivity
        LIMITATIONS: Could be hard to navigate for first time users
- - - - BENEFITS: Allows private communication between staff and students so sensitive information can stay secure
        LIMITATIONS: Requires a good internet connection to get emails and to send them
    - - BENEFITS: Allows staff to communicate large amounts of information to all students taking a subject at the anytime or from anywhere with an internet connection
        LIMITATIONS: Too many messages could be sent to a student making it hard to find what they need to see
- - - - BENEFITS: Allows for a lot of financial knowledge to be gained from analysing products sales like times when it was sold the most and profits gained from the product
        LIMITATIONS: GIGO if poor quality data is collected then poor quality information will be produced leading to bad models
    - - BENEFITS: Allows for accurate and better decisions to be made which can lead to more profits
        LIMITATIONS: Could be time consuming or expensive to hire someone to make
- - - - BENEFITS: Allows the DMU to make decisions on budgets or ways to increase profits and decrease losses which will massively benefit the company LIMITATIONS: GIGO if the information is of poor quality poor decisions will be made using them leading to losses
    - - BENEFITS: Allows the DMU to make decisions using customer demographic so they can deicide make new products or advertising that appeals to their customers LIMITATIONS: Not all customers could fall into this demographic and they won't be accounted for when making decisions
- - - - BENEFITS: Allows organisation to tracks it's work force and reward individuals LIMITATIONS: GIGO if poor quality information is collected than poor decision will be made
    - - BENEFITS: Allows managers to monitor training and development programs by recording employee performance for example
        LIMITATIONS: If information is inaccurate than poor quality information will be seen by the manager leading to poor decisions
- - - - BENEFITS: Allows the organisation to see what marketing sold the most products and using this trend the can make better marketing in the future
        LIMITATIONS: This is assuming that other factors like of the year or weather had no affect
    - - BENEFITS: Allows trends like the time of year of when the product is purchased the most or who buys them the most so decision can be made using the customer demographic
        LIMITATIONS: GIGO if poor quality information is collected than by poor quality decisions will be made
- - - - BENEFITS: Allows staff and students to see each other contact information so they can have private communication using a phone number for example
        LIMITATIONS: Requires a good internet connection to access so if someone has a poor connection they won't be able to access the information
    - - BENEFITS: Allows staff to share information with many students at the same time
        LIMITATIONS: Students can still miss information if they are not allow the application to notify them
- - - - BENEFITS: Can collect information from many different reviews and use to decide the best products to show customers. LIMITATIONS: Could have many bot reviews put by the a company to make the product seem better than it is giving Amazon the wrong information
    - - BENEFITS: There's a large variety of data that can be used to get more knowledge on the population of an entire country
        LIMITATIONS: Not every person will be accounted for as some may not be able to sign it which could to worse decisions