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Analysing Information and Data for Problem Solving - Assignment

   

Added on  2020-10-22

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Analysing Information andData for Problem Solving

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1Overview of the wholesale stationers market in Germany..........................................................1TASK 2............................................................................................................................................2Producing graph for representing annual spending on stationary material.................................2TASK 3............................................................................................................................................3a) Tabular analysis of information...............................................................................................3b) Developing mixed pie chart representing sales of 2016 and 2017..........................................4c) Associated correlation coefficient and its interpretation.........................................................5d) Forecasting total sales for 2018 and 2019..............................................................................6TASK 4............................................................................................................................................6a) Completing the table................................................................................................................6b) List of few international standards that may apply to Duque’s activities...............................7TASK 5............................................................................................................................................8a) Calculating monthly cost of mortgage repayment...................................................................8b) Re calculating monthly cost assuming that interest is applied to the loan every month.........8TASK 6............................................................................................................................................9Mean values of order...................................................................................................................9TASK 7..........................................................................................................................................10a) Providing advice about how performance of Donald’s firm can be improved.....................10b) Suggestions on cause for concern.........................................................................................10TASK 8..........................................................................................................................................11Conclusion.................................................................................................................................11REFERENCES..............................................................................................................................12

INTRODUCTIONData and information are used and analysed for effective decision making in anorganisation. The main aim of this project report is to build an understanding about techniqueswhich helps in analysing an organisational data which can further used for decision making andproblem solving. In this project report, a case scenario is followed in which a managementtrainee analyses information of Duque Papertiers Gros and suggest them ways to expand theirbusiness activities. Information such as product data, customer data and financial data isanalysed in this report to present reliable conclusions and recommendations using graphs andtables (Bertot, Jaeger and Hansen, 2012). TASK 1Overview of the wholesale stationers market in GermanyGermany is considered as one of the most influential economies of the world. Main reasonbehind their success is their high GDP which is a result of high consumer market of this nation.Wholesale stationers market of this country contributes billions to GDP of this economy. Themost impactful cause due to which productivity of this market decreases is the number of schoolage children. Current sales of stationary industry are approximately 15 billion annually which isreduced by 30% in past 10 years. The German wholesale stationary industry has decreased inpast ten years due to which several market players has migrated their business towards othersectors. Total number of specialised retailers in this sector are 5000 approximately. There arefour main factors related to market which affects stationary market. First factor is convenience,in this factor, many market players are involved in multiple practices such as selling stationarystuff along with tobacco which is considered as inappropriate. Second factor which affectsstationary market is intense competition. According to this factor, there are various marketplayers involved in due to which consumer share divides and few of the small players faceproblem of low profitability. Third factor is demand for these items and forth factor is number ofschool students (Fortier-Brochu, and et. al., 2012). According to the trends in stationary market it has been analysed that turnover is raised by3.5% which has enhanced international economic environment. Trends in this industry which hasbeen seen in past few years is that demand has been increased but with a declining rate. 1

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