Preview

An Informal Report on Different Types of Business Information and Their Sources

Good Essays
Open Document
Open Document
499 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
An Informal Report on Different Types of Business Information and Their Sources
To: Carole Marsden
From: Alex Lawson
Date: 28th September 2011
Subject: An informal report on different types of business information and their sources and purposes used by HMV.

Introduction Business information is a vital factor in a business as it’s the structure of the company eg; Market research, Economic analysis and executive profiles.
This also helps keep the company from becoming redundant. Internal Communication methods in HMV would be things such as; Walkie talkie, Intranet etc…

Verbal Communications
Verbal information is things such as facial confrontation which basically means having a conversation or meeting or discussing to somebody’s’ face. Verbal Communication usually means any communications made by speech. Eg; Telephone communications are a great way to communicate in a verbal way.

Written Communications
Written communications usually consist of methods like: Catalogues, magazines, and Billboards. This simply means expressing whatever information needs exploiting it can be exploited correctly using words written down.

On screen communications
On screen communications can usually mean advertisements on the TV or promotional offers on the screens placed around the stores in HMV. On- Screen communications are a communication that hmv will use everyday as it’s a good way of advertising there products or offers.

Web based Communications
Web based communications are a very common thing in the retail industry. Retailers find this way of Selling or Advertising a product or even displaying a upcoming product. This is beneficial to retailers such as hmv Because Hmv don’t need to Take up storage in there stores the products can be directly sent form a warehouse and there’s much more of a chance of a customer noticing it on a internet site than walking past it in a store.
Multimedia communications
Multimedia communications means Advertising using games and Multimedia advertisements such as adding a hmv cd into a Game where the

You May Also Find These Documents Helpful

  • Powerful Essays

    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.…

    • 1165 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    Verbal communication is the ability to use words to present ideas, thoughts and feelings to another person in a variety of environments and to any given audience. Effective listening however, is much harder than speaking and requires a lot more skill than just waiting for the other person to finish talking, so you may begin.…

    • 563 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    M1 Unit 4

    • 1010 Words
    • 3 Pages

    Verbal communication is an act of conveying messages, ideas and/or feelings through actively using the mouth. Verbal communication is the main way of communicating on a face-to-face basis. Among the key components of verbal communications are the following: words, sounds, speaking and language. Apple has used verbal communication in a variety of ways, one example of this is through advertising on the television.…

    • 1010 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Verbal would be communicating by using my voice to say and tell whatever I may be trying to communicate across to my audience.…

    • 503 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Verbal communication is further divided into written and oral communication. The oral communication refers to the spoken words in the communication process. Oral communication can either be face-to-face communication or a conversation over the phone or on the voice chat over the Internet. Spoken conversations or dialogs are influenced by voice modulation, pitch, volume and even the speed and clarity of speaking. Verbal communication would be a form of external information; this is because you’re gathering the customer’s feedback and what they think about your product. The purpose of verbal communication could have many advantages, for example in a meeting you could talk about the Strengths, Weaknesses, Opportunities, and Threats. By doing this you are able to cover any concerns that you have with your product, and improve it.…

    • 2077 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    2.2: Describe the factors to consider when promoting effective communication. There are two different types of factors that should be considered when promoting effective communication such as: • Verbal communication- is when you use sounds and/or words to express yourself. When communicating it is important that your tone and the volume of your voice must be correct to suit the individuals situations. Most of the time it is also important to speak slowly in a calm manner so the other person gets your message correctly.…

    • 638 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Argyle Communication Cycle

    • 3088 Words
    • 13 Pages

    Assignment one Verbal and non-verbal communication Verbal communication is speech that shares information from one person to another. Speech is a quicker way to communicate with people than to send emails or letters to the person you are trying to communicate with. When using verbal communication it’s important that the speaker uses clear speech and pronounces each individual word correctly this is so that the person listening clearly hears the message and confusion isn’t caused. Using the appropriate language is also important the person speaking needs to make sure they have considered the correct type of language to use for their audience, for example using formal…

    • 3088 Words
    • 13 Pages
    Good Essays
  • Satisfactory Essays

    P6 Operational Issues

    • 665 Words
    • 3 Pages

    Ensuring if there’s fire or any panic attack such as robbery HMV could install more security and safety around the store and help their staffs to feel safe around their work place as well as having full access through the fire exits (the bigger the store in size the larger the amount of security and fire exits).…

    • 665 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Verbal Communication is one that people recognize the most in their day to day lives. Simply defined verbal communication is communication though words. Verbal communication can be done face-to-face, over a phone call, a radio broadcast, through the television, or as a public speech. Nonverbal communication is any type of communication exchanged without using words. The Business Dictionary defines nonverbal communication as “behavior and elements of speech aside from the words themselves that transmit meaning. Non-verbal communication…

    • 865 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    M1: ANALYZE THE DIFFERENT TYPES OF BUSINESS INFORMATION AND THEIR SOURCES WHICH YOU HAVE DESCRIBED FOR P1…

    • 587 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    “Verbal communication is the spoken word and includes actual words, intended and inferred meanings, tone and inflection.”(Lee, Duck, McMahan, & Lambert, 2011) Verbal communication is what most people use as communication everyday. Many companies start their business day verbally communicating with every employee. This is usually when the daily game plan is gone over. Everyone states what their “to do list” is for the day and if there are adjustments to be made then, this is the time it is done. This kind of communication lets everyone feel that they are part of the larger goal.…

    • 730 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Cyp 3.2 1.1

    • 4895 Words
    • 20 Pages

    Communication means “the exchange of thoughts, messages, or information, as by speech, signals, writing, or behaviour”.…

    • 4895 Words
    • 20 Pages
    Powerful Essays
  • Good Essays

    Communication is verbal or non-verbal. Verbal is spoken (oral) which can be accomplished face-to-face. This type of communication is central to establish relationships between people. For example a professional in a hospital will use verbal communication to inform a patient of any procedure or care task that is given. This builds a sense of trust because communicating face-to-face establishes that the professional has time to care for the patient, which makes the patient feel looked after. Verbal communication also allows any questions to be raised and gives opportunity to answer. This is effective as any misunderstanding issues would be raised.…

    • 987 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Childcare Level 2 Shc 21

    • 591 Words
    • 3 Pages

    Verbal communication is where you tend to use words to describe what you think or feel, sharing ideas and hearing other people.…

    • 591 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Communication involves passing information on and exchanging information with other people. There are different forms of communication.…

    • 1383 Words
    • 6 Pages
    Better Essays