Other sources of information

Hi How are you, this time I will discuss about the source of the information. For the uninitiated, can be read here. Advanced course > > >

1. sources of information

To take the right decisions, an entrepreneur is in need of sources of business information that is complete and accurate. In addition to complete, sources of information must also be reliable. If the information sources are sometimes less complete data obtainable, then in the decision-making and conclusions and suggestions expressed the possibility of less than perfect. Dr. Alferd Osborne, Jr., Director of the Center for the study of entrepreneurship in california, confirmed that information and the need to use other sources of information can create business opportunities.

2. types and sources of information

a. types of information

1.) quantitative Information), contains the input value can be calculated, such as the issue of weight, quantity, pressure, temperature, and so on.

2.) qualitative Information), containing the input values can be considered, such as change of products, product quality, speed, heat, cold, and so on.

3.) control information, for example giving guidance: whether a change of variable products, models, or design, able to walk normally or not?

4.) symbol Information, such as instructions in business signs, such as cardboard boxes labelled umbrella (that should not be exposed to the air), the glass is cracked (meaning goods that are easily broken), and much more.

Sources of reliable information is the information thoroughly and in accordance with the needs of the company. The sources of such information is a source of information that can provide jemlah data and facts relating to the product and its marketing policies. The need for other sources of information, highly developed to produce a lot of information related to product marketing.

Production activities require information about:

1.) what will be produced, and how the nature of his condition?

2.) what about quality?

3.) How the amount of product that should be produced?

b. other sources of information

1. the primary data source of information), which is the source of information obtained directly from the entrepreneur survey results or on logging itself directly. The primary data sources of information include:

a.) research results.

b.) Consumer itself.

c.) intermediary traders.

d.) the sellers themselves.

2. secondary data source , the source of information obtained from a survey of self-employment or reports and data from parties outside the company. Secondary data sources of information include:

a.) research results

b.) journals.

c.) other companies in the group.

d.) Government.

e. supporting Companies).

f.) Bureau of statistics.

g.) of the association profession.

h.) Mass Media (magazines, newspaper, tabloid, as well as television, and internet)

Based on the above explanation can be taken with the conclusion that the existence of other sources of information, the entrepreneur will be able to:

1.) select and make the products more quickly and more easily.

2.) pick and make quality products to sell, and the price is competitive.

3. Select and specify the region) marketing.

4.) Select and create a new design or a combination.

5.) select and make better products with prices relatively cheap.

Before deciding to make a product need to consider many factors, one of which is a factor of the market.

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