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Competitive Essay Topics & Paper Examples

Competitive and internal information

Write an essay on the typical main sources of business information generated both internally and externally for public companies. How is such information used to establish a company‚Äôs place in the market? Illustrate your answer with examples from one or more business sectors of your choice. INTRODUCTION Information consists of data that have been retrieved, processed, or used for informative purposes, argument or as a basis for forecasting or decision making. Without information, a business cannot survive. A recipe for a good decision is 90 percent information and 10 percent inspiration. Information is the catalyst of management and the ingredient that coalesces the managerial functions of planning, operating controlling. Managers depend on information for making decisions. Any organization is held…