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2. Types of organisations have different requirements.

As has been mentioned - all organisations need information. However, it does depend to some extent on the nature of the operation as to what kind of information is the most important.

Hospital.

  • Patient records
  • Drugs available
  • Beds available
  • Staff roster
  • Medication records
  • Side-effects of medication
  • Doctor's qualifications
  • Financial information
  • Emergency information
  Information needs of hospital
     
Information needs of a car factory  

Car Factory

  • Location of parts
  • Price of steel
  • How many cars built today
  • How many faults per car
  • Staffing levels - absences
  • Shortages
  • Energy consumed
     

Stock exchange

  • Up to the minute stock prices
  • Company reports
  • Current exchange rate
  • Share trading volume
  • Economic forecasts
  • Weather warnings - long and short
  Information needs of stock exchange
     

Note: Some information types are not obvious - for example why should the stock exchange care about the weather? Well, think about the coffee harvest in Brazil, if the long term forecast is dry then poor coffee crop => coffee shortage => prices go up => more profit => higher share price. So buy before anyone else cottons on to that piece of information!

 

 

 

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