Techniques for Business Decisions

Source materials for intending PSIM students

1.	be able to present data in tabular and graphical form	TBD1
2.	be able to reduce data to statistical measures and explain their meaning	TBD2
3.	use the techniques above to analyse data, describe underlying patterns and relationships and propose hypotheses	TBD3
4.	explore the sources of secondary economic data and understand formats such as Index Numbers	TBD4
5.	be able to explain marketing data, for example using probability concepts	TBD5
6.	understand financial concepts such as Compound Interest and Present Value	TBD6
7.	have an understanding of the constituents of the structure of Profit and Loss Accounts or Local Authority budgeting procedures and Balance Sheets	TBD7
8.	be able to examine the viability of a company by calculating accounting ratios	TBD8
	Any other evidence from your work experience similar to, or the equivalent of, the above (specify)

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