ILO:
The use and interpretation of quantitative business data to support, inform and justify business decisions:
● information from graphs and charts
● financial data
● marketing data
● market data.
The use and limitations of financial information in:
● understanding business performance
● making business decisions.
The use and interpretation of quantitative business data to support, inform and justify business decisions:
● information from graphs and charts
● financial data
● marketing data
● market data.
The use and limitations of financial information in:
● understanding business performance
● making business decisions.
Graphs & Charts
How can we manipulate data from graph and charts?
Why would the following graph be important?
What must we always look out for when considering the validity of data on graphs/charts?
Why would the following graph be important?
What must we always look out for when considering the validity of data on graphs/charts?
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Financial / Marketing & Market Data
This can include sales revenue or marketing data, percentage increase in sales volume or market data such as average incomes.
How would this information help a business? Try to consider relevant business terms.
How would this information help a business? Try to consider relevant business terms.
Problems of using financial data to make decisions?
What risks are their with quantitative data?
What does quantitative data not tell you?
What does quantitative data not tell you?
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