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Information about businesses. This would include:
- kind of business: food, clothing, hardware, mixed, miscellaneous
- number of outlets
- individual and total floor space
- location(s) - high street, out-of-town malls
- employment
- turnover
- sales value by product line
- sales volume by product line
- price per product
- taxes paid
- imports
- exports
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∙ 8y ago
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Scope and limitations of statistics?
scope and lim;tation of statics
Importance of statistics in commerce and business field?
statistics had a great role in the business and commerce field . it also had agreat role in the field of research.
Discuss the importance of descriptive statistics in business organisations?
Discuss the importance of descriptive statistics
Role of statistics in business management and administration?
Yes
What are the scope of statistics?
Scope and importance of Statistics:1. Statistics and planning: Statistics in indispensable into planning in the modern age which is termed as "the age of planning". Almost all over the world the govt. are re-storing to planning for economic development.2. Statistics and economics: Statistical data and techniques of statistical analysis have to immensely useful involving economical problem. Such as wages, price, time series analysis, demand analysis.3. Statistics and business: Statistics is an irresponsible tool of production control. Business executive are relying more and more on statistical techniques for studying the much and desire of the valued customers.4. Statistics and industry: In industry statistics is widely used inequality control. In production engineering to find out whether the product is confirming to the specifications or not. Statistical tools, such as inspection plan, control chart etc.5. Statistics and mathematics: Statistics are intimately related recent advancements in statistical technique are the outcome of wide applications of mathematics.6. Statistics and modern science: In medical science the statistical tools for collection, presentation and analysis of observed facts relating to causes and incidence of dieses and the result of application various drugs and medicine are of great importance.7. Statistics, psychology and education: In education and physiology statistics has found wide application such as, determining or to determine the reliability and validity to a test, factor analysis etc.8. Statistics and war: In war the theory of decision function can be a great assistance to the military and personal to plan "maximum destruction with minimum effort."
Scope of statistics?
Statistics is analyzing numbers. Businesses use statistics so that they can determine the best way to approach various aspects of business.
Scope and limitations of statistics?
scope and lim;tation of statics
Explain about Nature and scope of business statistics?
all fied is collect of data then needs of sytistics
What is the scope of statistics in accounting?
The scope of statistics in accounting is very broad and the two of them are correlated. Most of the accounting procedures will depend on statistics.
What is scope of business economics?
what is a scope of business
Explain nature and scope of business economics?
Explain the nature & scope of business economics.
Discuss the scope of business?
The scope of business refers to the extent or the range of activities that the business engages in. It also means "business world".
What is the meaning of scope of business?
Scope of business means what all business activities a business is going to conduct under its business brand. A business can conduct various businesses under one roof or a single activity. The scope of business defines what all will be carried out.
What is the application statistics in business?
Statistics help managers make decisions. They use statistics when it comes to production and hiring employees. Statistics are everywhere in the business world.
Do most schools require Business students to take a statistics course in Virginia?
Most all business curriculum's require statistics; Sometimes referred to business statistics, or business statistical analysis.
What is the scope of business policy?
The scope of business policy usually defines the spheres at which certain decisions can be taken by the subordinates in a given business.
What is scope of business?
Scope of business is the different activities a business engages in. This is stuff like if a restaurant also caters, or has a bar located in it.
