List and briefly explain what are the different analytical techniques that can be used to gather data/information.

Explain how informational analytical methods & techniques help to make accurate, reliable & relevance outcomes.

Organizations/companies store & format their information in many different ways. Carry out a simple research work about the common information storing & formatting methods in organizations and  companies. Your explanation should include the following information.

1. What are the different varieties of information storing methods?

2. Discuss the advantages and disadvantages of those methods.

3. What are the software packages/tools that can be used in order to format information?