Professional Documents
Culture Documents
4.sources of Information
4.sources of Information
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Information
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External Sources of Information
ISM
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3
Sources of Information Cont..
• Verbal information:-
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• Customers, suppliers, distributors, channel partners
ISM
• Business espionage:-
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• Soliciting information confidentially from competitive
customer, suppliers, employees, financiers etc.
• Market research:-
• Industry associations:-
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concerned associations.
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• Publications:-
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• From various publications relating to business
operations.
• Own research:-
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• Information can be gathered from different functional
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areas like Production/operations, Marketing, Finance,
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Human resource.
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• An organization generally collect information on following factors:-
• Production system related factors
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• Operation related factors
• Research and development related factors
ISM
• Product related factors
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• Price related factors
• Distribution related factors
• Promotion related factors
• funds related factors
• Employment related factors 7