LESSON OBJECTIVE
Assessment Criteria AC 4.3 Use financial tools for decision making Below are questions pertaining to lesson 14. Please ensure to answer each question correctly. 1. How can the outcome from a net present value impact company decisions? 2. How can the outcome from a discounted cash flow impact company decisions? 3. How can the outcome from an internal rates of return impact company decisions?
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LESSON OBJECTIVE Assessment Criteria AC 4.1 & 4.2 Use appropriate information processing tools; Prepare a project plan for an activity and determine the critical path Below are questions pertaining to lesson 12 & 13. Please ensure to answer each question correctly. 1. Describe three (3) levels of management, and explain the differing information requirements at each level. 2. Identify three (3) information processing tools 3. A PERT chart is a graphical network model that depicts a project’s tasks and the relationships between those tasks. A) True B) False 4. A Gantt chart is the most commonly used project scheduling and progress evaluation tool. A) True B) False Review The Videos & Write A 70 Word Summary For Each By Focusing On What You Have Learnt.
LESSON OBJECTIVE Assessment Criteria AC 3.4 Produce a formal business report Below are questions pertaining to lesson 11. Please ensure to answer each question correctly. 1. What are the main elements of a report? 2. What will you outline in your report? Review The Video & Write A 200 Word Summary By Focusing On What You Have Learnt. LESSON OBJECTIVE Assessment Criteria AC 3.3 Prepare a business presentation using suitable software and techniques to disseminate information effectively Below are questions pertaining to lesson 10. Please ensure to answer each question correctly. 1. What type of visual and audio presentation tools will you be utilizing? 2. How will these tools be effective in bringing your point across to the audience? Review The Videos & Write A 100 Word Summary For Each By Focusing On What You Have Learnt.
LESSON OBJECTIVE Assessment Criteria AC 3.2 Create trend lines in spreadsheet graphs to assist in forecasting for specified business information Below are questions pertaining to lesson 9. Please ensure to answer each question correctly. 1. What are the main advantages that quantitative techniques for forecasting have over qualitative techniques? 2. What limitations do quantitative techniques have? 3. What is the purpose of establishing control limits for forecast errors? 4. Suppose a software producer is about to release a new version of its popular software. What information do you think it would take into account in forecasting initial sales? 5. How is forecasting in the context of a supply chain different from forecasting for just a single organization? 6. Contrast the reactive and proactive approaches to forecasting. Give several examples of types of organizations or situations in which each type is used. Review The Video & Write A 150 Word Summary By Focusing On What You Have Learnt. LESSON OBJECTIVE Assessment Criteria AC 3.1 Produce graphs using spreadsheets and draw valid conclusions based on the information derived Below are questions pertaining to lesson 8. Please ensure to answer each question correctly. 1. If you wish to make a figure of the number of males and females in your class you should use A) a frequency table. B) a histogram. C) a bar chart. D) a frequency polygon. 2. The term exploratory data analysis describes A) ways of looking at your data before you analyze them. B) a specific way of making a frequency polygon. C) changing the size of class intervals until you get the correct one D) how to change cumulative percentages into proportions that can be graphed. 3) Graphs serve three purposes. Identify and discuss these purposes. Review The Video & Write A 200 Word Summary By Focusing On What You Have Learnt. LESSON OBJECTIVE Assessment Criteria AC 2.4 Explain how quartiles, percentiles and the correlation coefficient are used to draw useful conclusions in a business context of organization. Below are questions pertaining to lesson 7. Please ensure to answer each question correctly. 1. How can the results from these statistical methods help an organization? 2. What is the difference between the three statistical methods? Review The Videos & Write A 75 Word Summary For Each By Focusing On What You Have Learnt.
LESSON OBJECTIVE Assessment Criteria AC 2.3 Analyse data using measures of dispersion to inform a given business scenario Below are questions pertaining to lesson 6. Please ensure to answer each question correctly. 1. The mean is commonly used when summarizing a large amount of metric variable data in marketing research. A) True B) False 2. Among the options for measuring variability or dispersion of data, which measure is typically the least useful to marketing researchers? A) mode B) standard deviation C) median D) mean absolute deviation E) range F) variance 3. Why is it advisable to first develop a focal point in data analysis? 4. What is it about the standard deviation formula that makes this measure of dispersion one of the most frequently used statistical measures? 5. When should median be used versus mean? Review The Videos & Write A 200 Word Summary By Focusing On What You Have Learnt. |
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