Accuracy through the use of numerical data High-quality data is required
Posted: Wed Feb 12, 2025 7:24 am
Analysis stages:
Data collection. Various sources are used. For example, organizational documents, marketing research or customer surveys, etc.
Data evaluation. Quantitative methods evaluate information. For example, statistics are used for strengths and weaknesses. Or regression for opportunities and threats.
Analysis of results. It is necessary to analyze the results. Then identify the connections between the indicators.
Conclusions and recommendations. These are drawn based on the results of the analysis.
Business Application:
financial analysis;
forecasting the future;
marketing analysis;
production optimization;
evaluation of company performance;
human resource management.
Pros Cons
Efficiency through processing large amounts of data Difficult to understand and apply
Sketching: What is it, why is it needed and how to start
Quantitative analysis
Qualitative analysis
In this method, factors are not only listed, but also interpreted and assessed. For example, with the participation of experts. Qualitative methods are used in the work. Which gives a depth of analysis that chinese overseas america data is not characteristic of the quantitative option.
Analysis is needed to:
find out how the company looks in the market compared to its competitors;
compare potential opportunities and threats;
select development priorities.
The method allows you to better understand the business and notice weak points. This is different from quantitative analysis. It is associated with time and money costs. In addition, experts are involved in the work. In total, this is reflected in the duration of the work.
Therefore, it is considered relatively expensive. At the preparatory stage, it is necessary to define the goals and scope of the analysis. The scopes include the entire organization or a specific project, department, etc.
Main stages:
Data collection. The more sources, the better. The volume of information is important. Internal audits and interviews are conducted. Production indicators, financial reports, etc. are analyzed.
Definition and analysis. All 4 SWOT aspects are identified and analyzed.
Formation of a SWOT matrix. The impact of indicators is assessed. It is carried out using different methods. For example, an assessment by experts, brainstorming or focus groups. Everything is entered into a table.
Analysis of results. Now it is necessary to analyze the results of the factor assessment. Identify the connections between different factors.
Conclusions and recommendations. Finally, conclusions and recommendations must be drawn based on the results of the analysis.
Data collection. Various sources are used. For example, organizational documents, marketing research or customer surveys, etc.
Data evaluation. Quantitative methods evaluate information. For example, statistics are used for strengths and weaknesses. Or regression for opportunities and threats.
Analysis of results. It is necessary to analyze the results. Then identify the connections between the indicators.
Conclusions and recommendations. These are drawn based on the results of the analysis.
Business Application:
financial analysis;
forecasting the future;
marketing analysis;
production optimization;
evaluation of company performance;
human resource management.
Pros Cons
Efficiency through processing large amounts of data Difficult to understand and apply
Sketching: What is it, why is it needed and how to start
Quantitative analysis
Qualitative analysis
In this method, factors are not only listed, but also interpreted and assessed. For example, with the participation of experts. Qualitative methods are used in the work. Which gives a depth of analysis that chinese overseas america data is not characteristic of the quantitative option.
Analysis is needed to:
find out how the company looks in the market compared to its competitors;
compare potential opportunities and threats;
select development priorities.
The method allows you to better understand the business and notice weak points. This is different from quantitative analysis. It is associated with time and money costs. In addition, experts are involved in the work. In total, this is reflected in the duration of the work.
Therefore, it is considered relatively expensive. At the preparatory stage, it is necessary to define the goals and scope of the analysis. The scopes include the entire organization or a specific project, department, etc.
Main stages:
Data collection. The more sources, the better. The volume of information is important. Internal audits and interviews are conducted. Production indicators, financial reports, etc. are analyzed.
Definition and analysis. All 4 SWOT aspects are identified and analyzed.
Formation of a SWOT matrix. The impact of indicators is assessed. It is carried out using different methods. For example, an assessment by experts, brainstorming or focus groups. Everything is entered into a table.
Analysis of results. Now it is necessary to analyze the results of the factor assessment. Identify the connections between different factors.
Conclusions and recommendations. Finally, conclusions and recommendations must be drawn based on the results of the analysis.