Analysing and Evaluating Information (LC 2027) (Leaving Cert Business): Quizzes

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Analysing and Evaluating Information
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What does analysis involve in business research?

Examining data to identify patterns & trends

In the TIME-TREND-WHY-THEORY framework, what does TIME identify?

Year or month statistics were collected

What should you determine in the TREND step of analysis?

If data increased, decreased or stayed stable

What does the THEORY step require you to do?

Link findings to business theory studied

Which is an advantage of oral communication?

Fast and immediate delivery

What is a key advantage of written communication?

Provides a permanent record

What is a disadvantage of visual communication?

May need additional explanation

When should pie charts be used?

To show parts of a whole

What are histograms ideal for displaying?

Frequency data & continuous variables

What must every conclusion be backed up with?

Specific examples, facts or information

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