Analyse different types of business information and their sources Essay

Verbal discourse is communicating a kernel verb each(prenominal)y to whoever is receiving the mental object. An physical exercisefulness of verbal intercourse is the fortune for spry feedback to make trustworthy the message was understood. round other advantage is the opportunity to lend oneself nonverbal cues (tone, embody language, inflection). These house harbor to Barclays because its important for Barclays to receive immediate feedback which they post go on and reform on the Business. to a fault, Barclays will understand the message that is being presumptuousness verbally up to direct more(prenominal) than clear because theyll understand the body language of the person that is giving the message. A mischief of verbal confabulation is that the chat or message that was put across is non recorded (unless a icon camera is used), this means that if in that location argon whatsoever types of mis chat such as an employee getting rude to a customer, i n that locations a high possibility that it wint be recalled again.a nonher(prenominal) detriment of verbal converse is that it is harder to communicate most the orb. These apply to Barclays because Barclays has to make sure that at that place verbal communication towards customers or employees argon made clear meaning that they would beat to out obtain the disfavor. Also, Barclays has umteen a(prenominal) customers/employees around the world, this means that this is a disadvantage to them as it would be harder to communicate seeing as customers in other countries would be speaking a unlike language, meaning that Barclays would have to come up with a solution in order to ease verbal communication around the world. scripted CommunicationWritten communication means communication by means of written symbols either printed or handwritten. Advantages of written communication are that it is more accurate (errors bay window be right or mental ability approved). virtually o ther advantage is that a physical record of the communication is made. These can apply to Barclays because Barclays has to make sure that their communication is as clear as it gets for their terms & conditions pages, and written communication makes this easy for them as thither is a high possibility that they wont make mistakes. Another way these get ahead Barclays is that when there is written communication made, there is a physical record of the communication meaning that there wont be any mistakes in communication between the employees and customers, also customers can concern back to these communications.A disadvantage of written communication is that written communication takes more clipping and is more expensive to cook because of printing letters active undischarged loan payments which leads to higher cost because of the printing and stamps to send these letters. Also, another disadvantage is that there arent any types of immediate feedback. These can apply to B arclays because Barclays rely on time and dont have round(prenominal) of it which means that they have to decrease the meter of written communication. Barclays mostly rely on feedback, with written communication there isnt immediate feedback meaning that this would be a disadvantage for Barclays.Multi-media/ On-screen cultureMulti-media/ On-screen teaching is media on overbold technologies such as school schoolbook pass along. This can apply to many companies in directlys indian lodge.An advantage of Multi-media communication is that the bear witnessing can be give out to a lot of stack at one time. This applies to Barclays because they usually have many meetings, and in them meetings they can use a projector showing a presentation which allows all members in the meeting so see. Another advantage of Multi-media communication is that its cheaper to use. This applies to companies uniform Barclays, instead of Barclays sending entropy via a paper based scheme which cos ts more they can unfold affirmation to their customers by multimedia communication. A disadvantage of multimedia communication is that many of the cured in todays society whitethorn not know how to devise and understand the technologies used in todays society.This applies to Barclays because Barclays may use text messaging to their customers and some of their customers may be elderly spate. Another disadvantage is that not all people in the world have doorway to multimedia communication. This applies to Barclays because Barclays now provide services of online banking, and text messaging to their customers, however not all of their customers may have rile to multimedia communication meaning that Barclays would still have to use a paper based system for some of their customers which leads to more expenses seeing as it is expensive to maintain. Web-based InformationWeb-based randomness shows many benefits of multimedia technology. With the fast broadband connections in tod ays society, it is possible to blow sophisticated content to a computing machine anywhere in the world. A meaningful amount of interactive multimedia content is now delivered via the internet through web-sites such as www.barclays.co.uk. This is an advantage for many people and businesses as the breeding can be received and read wherever and whenever it is cheerful for the person/business. This applies to Barclays because they can send tuition to their employees from anywhere which can be read by the employee at any given time. Another advantage of web-based information is that it is easier to distri neverthelesse information through it. This applies to Barclays because if Barclays is to have a change into how the business operates and needs to inform their employees, they can easily distribute the information on the web to their employees.A disadvantage of web-based information is that not everyone can access the web. This applies to Barclays because Barclays employees may ne ed some information from Barclays on any new information or changes to Barclays, however some of employees may not have access to web based information meaning that Barclays will have to distribute information through paper based information. Another disadvantage of web-based information is that it can be led to misinterpretation. This applies to Barclays because if information is distributed to customers/employees, because its through a web based service, the customers or employees may not understand it properly. unmatchable other disadvantage is that if the systems of Barclays crashes, it could mean that customers would not be able to access the website. This leads to virulent customers whom may write complaints to Barclays. Internal Sources of InformationInternal beginnings of information are those which can give valuable information regarding the organisation from in spite of appearance. For standard, a business like Barclays can give new employees an insight of informatio n regarding how the business operates. An advantage of inhering source is that the information is most likely to be accurate because the source of the information is from within the company its-self which is reliable. Another advantage of inborn source of information is that it can be shared amongst other departments and created analysed by experts with in that type of field. For example, financial reports are created and analysed. Disadvantages of internal sources of information are that it can be costly to produce, for example many people are employed on a specific job to just involve and analyse entropy. This means that this could actually be cheaper for external companies to do it for them instead. External Sources of InformationExternal sources of information is secondary winding inquiry, for example if a business like Barclays wanted to find out information intimately one of their competitors such as Santander, but Santander doesnt want to pass any information out to Barclays, Barclays would then pray a different organisation to soak up as much information about Santander. Pros of secondary seek is that the information already exists meaning that this will save time. Another pro is that it is usually cheaper to get secondary research instead of primary research which will save company money. Cons of secondary research are that in some cases, it is usually expensive as closely (scanner data). You may have less watch over how the data was collected. With secondary research, there could also be biases in the data that you dont know about. Also another con of this is that the answers may not exactly fit in your research questions. This applies to Barclays because if Barclays was to require information about their competitors, theyd refer back to a different organisation to find this information out.