CourseLover

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Elementary,Middle School,High School,College,University,PHD

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Algebra,Applied Sciences See all
Algebra,Applied Sciences,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Engineering,Health & Medical,HR Management,Law,Marketing,Math,Physics,Psychology,Programming,Science Hide all
Teaching Since: May 2017
Last Sign in: 286 Weeks Ago, 3 Days Ago
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Education

  • MCS,MBA(IT), Pursuing PHD
    Devry University
    Sep-2004 - Aug-2010

Experience

  • Assistant Financial Analyst
    NatSteel Holdings Pte Ltd
    Aug-2007 - Jul-2017

Category > Accounting Posted 18 Dec 2017 My Price 10.00

ratios and analysis used in strategic decision making

All, I love the quote - facts are stubborn things! I also hear a lot: "numbers don't lie" and my favorite though it will show my age: "I can get you any results you'd like, what's it worth to you? There is no wrong, there is no right, just data to be manipulated" (don henly song...).

All of this ties in to a point believe it or not. We're talking about ratios and analysis used in strategic decision making this week. All this data, however, must be used with caution. There can be errors, there can be intentional manipulation, there can be outlying factors that cause figures to look 'off' or make it appear to be one thing but caused by something entirely different.

Given all of those scary notions, what do you think we can do when we look at our ratios and other data in our strategic processes to help us ensure they are accurate and help ensure we don't jump to false conclusions? Group, your thoughts?

Answers

(12)
Status NEW Posted 18 Dec 2017 01:12 PM My Price 10.00

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