Whats is the Types of Information

Information is very useful for every Business organisation. information is most important for Decision making.  in the process of decision making is generally divided into There Types are:-

• Strategic Level
• Tactical Level 
• Operational Level

1. Strategic Level:

For Strategic decision making, decision maker needs strategic information, Which is wholistic, Unstructured and draws heavily form the external environment. it would also require more futuristic inputs like the emerging technologies, Competition, consumer preferences, Socio-eco-political changes etc. As these inputs would be used for long term planning.

2. Tactical Level:

Tactical information would be used for medium/short-term planning by the middle management, Budgets, forecasts, analysis, cash/funds flow projections are part of the tactical information. Such an information is mostly form internal environments and partly form external environments like Customer Perceptions, Competitors strategy, Pricing etc. it has medium term impact.

3. Operational Level:

Operational level is mainly for/form operating people ranging peoples form a 'shift' to a day or a week or a month. it is basically about what is currently happening around within the organisation and mainly drown form internal sources it is also covers a specific product, specific activity and a smaller Group/number of happen.

One the basic of Implementation/Execution 

we can divide information into planning information and Control Information.

1. Planning Information: 

• Planning information cover whole Organization. 
• Planning information has a long time span.
• Planning information looks for and analyses trends/patterns.
• Planning information used for working futuristic trends/forecast. 

2. Control Information:

• Control information is concerned with small, specific part of organisation.
• Control information has a shorter time span
• Control information looks for specific details for functional activity.
• Control information used for assessing actual performance Vis-à-vis budgeted.

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