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Unit 9 : Spreadsheet Development

Worksheet 1 : P1

Name Marshal Ormondroyd………………………


Date 10/02/22………………..

Why do organisations use spreadsheets?

Statements Notes / Examples


To improve accuracy The invoice needs to be accurate because they need
Why do invoices need to be to know how much the buyer has paid the seller if
accurate? Give examples they don't make it accurate they won't know how
much in total their goods made this could then
confuse the company since an error that was made
wont allow the company work out the actual amonute
that was paid.
It reflects on how effective an order to cash
organisation is.
An example is when a retailer buys goods from the
manufacturer the goods are shipped to the retailers
receiving department this comes with an invoice.

To improve accuracy Bills need to be accurate because you need to pay the
Why do bills need to be accurate? right amount. If you don't make it accurate you'll be
Give examples paying the wrong amount of money.
The company needs to know the amount of money
they owe, they can't mess up with anything with bills
and need to make sure the calculations are accurate.

To improve accuracy Salaries need to be accurate because the company


Why do salaries need to be needs to know how much the employees are getting
accurate? Give examples paid wrong salary can lead to angry employees for
not getting paid a lot for the work they are doing for
the company this could then cause employees to quit
the job since the payment they are getting isn't
enough for them.
To improve accuracy A tax return needs to be accurate because a company
Why do tax returns need to be needs to know their income, expensive and other
accurate? Give examples financial information if this information isn't accurate
then the company will not know their income from
products as well as the expenses they are paying this
could then cause a company to fail and go bankrupt
since they have no clue on their income and how
much they are paying for the products.

Striving to be productive Examples of not wasting time are


Not wasting time. Give examples Put your phone on DND: Workers can get distracted
on their phone and they are wasting time at their work
since they are too distracted in getting the work done.
Doing complicated tasks first: Doing tasks that are
complicated first can make your worker easier to do
later. It also stops you from wasting too much time on
a task that is too hard.
Taking notes: It's important to take notes since they
are there to help you with your job. You can use notes
to look at if you are struggling with the work that you
have been set.

Striving to be productive Not wasting electricity: you should always turn your
Not wasting resources. Give computer off when not using it by the plug this goes
examples to other equipment that's plugged in leaving it turned
on causes electricity go to waste.
Don't waste petrol: most of the time you go to the
petrol station and get fuel but you could avoid going
there often by only using your vehicle for going to
work and other places that are important another
thing is that you shouldn't have your heaters on when
you don't need them on this can help you to save
money.
Don't throw away anything useful: if you have
anything in your home you shouldn't throw it away
you should give it away to someone that will need it
an example of this could be a computer or a TV that's
in good condition give it to someone that's in need of
it than putting it in the trash.

To support decision making This examines a potential future for businesses it


Scenario modelling. Give examples doesn't just predict one future for businesses it
predicts multiples different futures for them like
different paths they should take in order to become
more successful.
One time of company that may use this an
Agricultural company they will use to see how their
business will perform this is if a natural disaster hit or
if policy changes were made to the company.

To support decision making Data mining is businesses intelligence that comes


Data mining. Give examples from a retail sector
Examples are
Marketing this is to explore large database and is also
use to improve market segmentation.
Medicine it can help identify effective treatments that
is needed to be given to a client that needs
medication.
Banking its used in banks to help understand market
risks it can also be used to determine if a loan is
likely going to be paid by the person who borrowed
the money.
Retail for the retail industry data mining can be used
for providing information on products such as sales,
trends and customer buying habits as well as
preferences.

To support decision making This means to identify trends on local, regional and
Spotting trends. Give examples global level with the understanding of these trends it
helps to identify best practices and identifying
innovation opportunities.
Examples of these are
Fashion
Technology
Travel

To present information clearly and Knowledge: knowledge helps by giving employees


effectively some important information that they need to
Communication between staff. Give remember at all times this allows a business to talk
examples to its staff by giving them ideas that could help the
business.
Story telling this helps the business to connect to its
employees and build trust with them these can lead to
confidentiality thinking from employees since the
employees know who they are working with and who
the company is this will make employees more
confident to work.
Internal meeting this helps with communication
because a business is talking to its employees about
plans for the future products that are good for the
business the company is talking to its employees this
way and letting them know.

To present information clearly and Strategic and tactic level communication a business
effectively should always meet the suppliers so they can build
Communication with suppliers. Give trust this is so that the business knows who the
examples supplier is and the supplier knows them.
Operational communication a company should
always tell it suppliers about their projects as well as
the changes that have been made this keeps the
suppliers up to date with the company.
Demanding a company should be demanding to its
supplier's share things with the supplier give them
some knowledge about the company.

To present information clearly and Email a company can send an email to its customers
effectively about on going sales and give out coupons to the
Communication with customers. customer as well.
Give examples Website a website will allow the companies
customers to buy things from online they can also
use this to provide support to their customers if they
need help with their online shopping.

Give 4 examples of ‘types of charts’ Advertising agencies will advertise a business


you can produce using a products on television to attract more customers and
spreadsheet. make more people aware of the business this helps to
Give illustrations of examples boost business customers.
Publishers use this to publish their books that
contain images in them this is where a publisher will
get its audience from.
Bar chart a bart chart is used to determine how much
people bought a certain product for a company
Pie chart a pie chart is used to see how many people
like the products in the company.
Line chart a line chart is used to see how popular a
product is over the year's and to see its original
prices
Scatter plot

To carry out complex calculations. Car insurance a car insurance will need this to be
Budgets. Give examples able to calculate any thing that is complicating to
calculate for them
Home repairs home repairs will also do this to see
how much a client owns depending on what was
repaired at the home.
Rent or mortgage payment budgets will be used to
calculate really difficult calculations since it needs to
be worked out really well on how much a client owes.

To carry out complex calculations. Sales conversation report


Sales figures. Give examples Sales and order report
Outbound call reports

To carry out complex calculations. An example of buying trends are smartphones,


Buying trends and patterns. Give tablets and watches these all change communication
examples for a business

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