Business Studies - 0450 CIE

Presentation And Use Of Market Research Results:

Gbogbo ọrọ náà

Collecting market research is only half the job. The numbers are useless until someone turns them into a clear picture and draws the right conclusions. A well-drawn chart can reveal in seconds what a page of figures hides.

In this lesson you will learn how market research results are presented as tables, bar charts, pie charts and line graphs, and, crucially, how to read them: spotting the biggest segment, the trend over time, and what the data is telling a business to do.

Ebumnobi

  1. Analyse market research data shown in the form of graphs, charts and diagrams; draw simple conclusions from such data

Nkuzi Olu

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Maapụ uche

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Akwụkwọ Ọmụmụ

Managers make decisions from data, but only if it is presented clearly and interpreted correctly. Misreading a chart leads to a wrong decision, launching a product customers do not want, or pricing it badly. In the exam you are regularly given a chart or table and asked to analyse it and draw conclusions, so this is a skill worth real marks.

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Nnyocha Ọmụmụ

Ekele diri gi maka imecha ihe karịrị na Presentation And Use Of Market Research Results:. Ugbu a na ị na-enyochakwa isi echiche na echiche ndị dị mkpa, ọ bụ oge iji nwalee ihe ị ma. Ngwa a na-enye ụdị ajụjụ ọmụmụ dị iche iche emebere iji kwado nghọta gị wee nyere gị aka ịmata otú ị ghọtara ihe ndị a kụziri.

Ị ga-ahụ ngwakọta nke ụdị ajụjụ dị iche iche, gụnyere ajụjụ chọrọ ịhọrọ otu n’ime ọtụtụ azịza, ajụjụ chọrọ mkpirisi azịza, na ajụjụ ede ede. A na-arụpụta ajụjụ ọ bụla nke ọma iji nwalee akụkụ dị iche iche nke ihe ọmụma gị na nkà nke ịtụgharị uche.

Jiri akụkụ a nke nyocha ka ohere iji kụziere ihe ị matara banyere isiokwu ahụ ma chọpụta ebe ọ bụla ị nwere ike ịchọ ọmụmụ ihe ọzọ. Ekwela ka nsogbu ọ bụla ị na-eche ihu mee ka ị daa mba; kama, lee ha anya dị ka ohere maka ịzụlite onwe gị na imeziwanye.

  1. Which chart best shows how a market is split into shares of a whole? A. line graph B. pie chart C. table D. flow chart Answer: B
  2. A line graph is most useful for showing: A. exact totals B. shares of a whole C. a trend over time D. a firm's logo Answer: C
  3. In a survey of 200 people, 80 chose product X. The percentage choosing X is: A. 20% B. 40% C. 60% D. 80% Answer: B
  4. The most important final step when analysing data is to: A. ignore the smallest value B. state what it means for the business C. redraw the chart D. increase the sample Answer: B
  5. A bar chart is best for: A. showing change over time B. comparing the size of separate categories C. exact decimals D. showing proportions of a whole Answer: B

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