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Week 1 Spreadsheet Applications For Business

Week 1 Spreadsheet Applications For Business

1-Weekly Assignments Content

  1. What role can Excel play in decision-making? Explain
  2. Describe the general model of problem-solving presented in the text. What are the three main phases and the different analysis steps involved? Explain
  3. What should you consider before building a spreadsheet model? Explain
  4. Give an example of each of the following: a quantitative basis for making a decision and a qualitative basis for making a decision. Explain
  5. Describe a situation in which having access to large amounts of information had a positive impact on your decision-making. Explain
  6. What is the relationship between problem solving and decision making? Explain.
  7. Define what a knowledge worker is and discuss the significance of the knowledge worker in today’s business world. Explain
  8. Describe a time you have performed a what-if analysis? Explain.
  9.  Describe a situation in which having access to large amounts of information had a negative impact on your decision-making. Explain
  10. Define and differentiate between the terms information and data. Explain

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