Business Studies (AS)·Analyse & present information to guide decision-making · NSSCAS 3.3
Presenting and interpreting information for decision-making
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Managers drown in raw numbers, so the skill that scores marks is turning those numbers into a clear picture. In this lesson you will choose the right chart for the job, calculate the degrees of a pie chart with the category-over-total-times-360 formula, draw a bar chart, and read a line graph to advise a decision. You will also learn to spot a misleading graph, because presentation can hide the truth as easily as it can reveal it. Everything is built on real N$ figures from a Namibian tuck shop.
What you'll learn in this lesson
By the end you should be able to (NSSCAS Business Studies (AS) 3.3):
- present and disperse information to guide decision making using graphs and/or pie charts and/or bar charts and/or tabulation
- discuss the nature and importance of the presentation of statistical information in decision making
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