5.1.2 Businesses

• Hospitality is not hospitals and is things like?

  Hotels bars restuarants and theme parks
• Finance sector provides banking, financial advice, accounting, credit checking, and loans
• Education sector provides schools, colleges, universities, and online learning
• Healthcare sector provides doctors, dentists, opticians, and hospitals
• Personal care sector provides hairdressers, masseurs, and manicurists
• Name 5 service sectors?

  Hospitality

  Finance

  Education

  HEalthcare

  Personal care
• Is hospitality a product providing organisation?

  no
• Name 3 product providing sectors?

  Manufacturing

  Entertainment

  Retail
• Manufacturing sector makes goods
• Construction produces buildings, and roads
• Entertainment sector makes movies, tv shows, and theatre
• Publishing sector makes books, comics, and posters
• Retail sector sells goods such as clothing, groceries, electronics, gardening tools
• Human resources manages humans as resources, such as recruitment, benefits, and fixing workplace disputes
• HR can use IT systems to streamline HR processes to make it more efficient, and reliable
• HR departments benefit from IT systems as it makes them more reliable and streamlines their processes for efficiency
• R&D benefits from IT systems as it can help manage, track, and develop
• For R&D IT systems also provide access to data and info, which can inform decisions and drive innovation
• All parts of a business benefit from the colloborative and communication features of IT systems
• Logistics benefits from IT systems such as using them to track shipments, manage warehouses, and coordinate transporation. It also can provide real-time info about delivieries
• Marketting benefits from IT systems as they can use it to analyse data and make better decisions. Additionally, IT systems provide tools to access wider audiences
• Finance benefits from IT systems increasing it's efficiency, automating processes and providing data which can inform financial decisions
• The management department beenfits from IT systems as they provide up to date data which can help inform decision making, increase organisation, and track projects