Analysing Information and Data for Problem Solving
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Added on 2020-07-22
Analysing Information and Data for Problem Solving
Added on 2020-07-22
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ANALYSINGINFORMATION ANDDATA FORPROBLEM SOLVING
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1Brief overview of the wholesale stationery market in Germany:...............................................1TASK 2............................................................................................................................................2Evaluating annual per capita spending on writing and drawing material:..................................2TASK 3............................................................................................................................................31. Assessment of total sales:........................................................................................................32. Mixed pie chart:......................................................................................................................43. Correlation co-efficient via scatter plot:.................................................................................44. Estimating sales trend for the period of 2018 and 2019:........................................................4TASK 4............................................................................................................................................5Pros and Cons assessment:..........................................................................................................52. Defining international standards with which Donald Duque needs to comply :.....................5TASK 5............................................................................................................................................6a). Computing monthly cost of 30 year repayment mortgage:....................................................6b. Re-calculating monthly cost assuming that the interest is applied to the loan every month...6TASK 6............................................................................................................................................6TASK 7............................................................................................................................................7Improving ways to enhance customer responsive base:.............................................................7TASK 8............................................................................................................................................8Recommendation:.......................................................................................................................8CONCLUSION ...............................................................................................................................9REFERENCES..............................................................................................................................10
INTRODUCTIONNowadays, data analysing is an important tool for gaining the sustainability. Because,this could be rightly said that if the company would consider various statistical and financialtools for assessing the data for making the business operations in an effective manner. As, thiscan be said that data analysis is the most crucial tool which assist the organisation for assessingtrends and that is why, Donald duque can take an effective decisions. This report is made uponthe research of Donald Duque which is a small sized company. It have printer, general officesupplier, commercial purpose furniture by these organisation units which are used for thecommercial aim, drawing material etc (Lyons and Coyle, 2016).TASK 1Brief overview of the wholesale stationery market in Germany:Germany is the developed nation which have a strong background in terms of economy.Although, this can be said that the stationery market is growing at a faster rate. This is thereason, that is why, various company's products are getting recognised in the global market.There are diverse stationery organisations which have strong brands, namely Staedtler, Stadbilo,Lino, etc.From the above mentioned chart, this is rightly said that during the year 2002, mainreduction has assessed in various office supplies and in the stationery market. Thus, the main aim1
is to limit as compared to previous time frame. There are various other modification which arerequired to be assessed in this industry after knowing the specialized industrial player. There arevarious players who provides a great quality of goods and services to their consumers. This is thereason, these players are not only recognised locally but globally. These players are: Staedtler,Stadbilo, Lino and much more (Green and Salkind, 2016).TASK 2Evaluating annual per capita spending on writing and drawing material:CountryPer capita(€)Switzerland 35.5Germany 35.2Austria 35France 28.3Italy18.6Spain8.9Poland 8.5From the above mentioned table and chart, this can be assessed that out of the customerspending, €35.2 related to drawing and writing material. This can be said that various Europeannations spend to drawing and writing material per capita. In addition to this, by enhancing toemerge awareness among consumers and affects their buying decisions emphasis has placed bysuppliers on rendering advertisements on newspapers, magazines etc.2
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