Unit 4: P1 - Explain different types of business
P1: explain different types of business information, their sources and purposes.
Introduction
The business that I will be investigating is Sports Interactive. They are the creative studio behind the Football Manager series of interactive games. Based in Old Street, Central London the studio is wholly owned by the Japanese software and video game company Sega. In addition to its work on Football Manager, the studio has also created a number of other sports management simulations including NHL Eastside Hockey Manager and Championship Manager Quiz, and is the former developer of Championship Manager. Each release of Championship Manager/Football Manager has traditionally been one of the fastest selling PC games in the UK with Championship Manager 4 the fastest of all time. They only have approximately 70 employees, so this makes it easy to communicate with one another.
Business information is one of the three main segments of the information industry. The other two segments are scientific, technical and medical (STM) and educational and training content. Examples of business information are news, market research and credit and financial information. It is important to have relevant and effective business information as without it you cannot run a business. Also, without relevant and effective business information you cannot keep up to date with your business. We can put business information into two sub-categories: internal and external. Internal business information is information which is only available to the business. This information will be private and accurate. Internal information may take the form of sales figures, personnel records, customer records, and financial documents such as trading, profit and loss accounts and the balance sheet. External business information is information which comes from outside the business. This is gathered via mainly secondary information methods such as newspapers and magazines, the internet etc.
Sports Interactive use many
Introduction
The business that I will be investigating is Sports Interactive. They are the creative studio behind the Football Manager series of interactive games. Based in Old Street, Central London the studio is wholly owned by the Japanese software and video game company Sega. In addition to its work on Football Manager, the studio has also created a number of other sports management simulations including NHL Eastside Hockey Manager and Championship Manager Quiz, and is the former developer of Championship Manager. Each release of Championship Manager/Football Manager has traditionally been one of the fastest selling PC games in the UK with Championship Manager 4 the fastest of all time. They only have approximately 70 employees, so this makes it easy to communicate with one another.
Business information is one of the three main segments of the information industry. The other two segments are scientific, technical and medical (STM) and educational and training content. Examples of business information are news, market research and credit and financial information. It is important to have relevant and effective business information as without it you cannot run a business. Also, without relevant and effective business information you cannot keep up to date with your business. We can put business information into two sub-categories: internal and external. Internal business information is information which is only available to the business. This information will be private and accurate. Internal information may take the form of sales figures, personnel records, customer records, and financial documents such as trading, profit and loss accounts and the balance sheet. External business information is information which comes from outside the business. This is gathered via mainly secondary information methods such as newspapers and magazines, the internet etc.
Sports Interactive use many