Ms Excel An Tool For Supporting Business Decision Making...

Introduction The great numbers of companies use Microsoft Excel to summarize and analyze data. This software is an analysis tool for statistical data, optimization, scenario and other targets (Indulska Marook 2014). Because analysis results are used to support companies’ business decisions, MS Excel plays an important role in business decision-making. The purpose of this essay is introducing how easy to learn and use MS Excel. Then companies use MS Excel to support six decisions’ quality dimensions. Furthermore, I mention reasons why MS Excel is a useful tool for supporting business decision-making even it makes some risks for decision-making. Body For MS Excel, it is easy to learn, since the present version of this software has great improvements (Keskin 2002). For example, formulas are classified distinctly, such as Financial, Logical, and Date Time. These classifications can make learner spend less time learning it. Moreover, for my experience, MS Excel shows me the structure of formula when I enter it; so I know what conditions should be typed in the cell. Thus, I think MS Excel is easy to learn. It must also be noted that MS Excel is easy to use. It has â€Å"a friendly user interface, flexible data manipulation, built-in mathematical functions, and instantaneous graphing of data† (Brown 2001). These functions help users a lot when they use MS Excel. For instance, to show a relationship between tables, using PowerPivot that is a build-in program in MS Excel 2013Show MoreRelatedDivision of Commerce: Information Management991 Words   |  4 Pagessystems that enables students to understand and use business intelligence tools in government, business organizations and the society. 2. COURSE INTENDED LEARNING OUTCOMES (CILOs) Upon successful completion of this course, students should be able to: 1. Identify the basic components of a computer system and the concepts of information system. 2. 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