How Can A Manager Of An Organization Use MS Excel?
What are the ways the use of MS Excel as a tool to interpret data can be used by managers of an organization?
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MS Excel provides the most simplest way to store data and to interpret data. MS Excel is used in almost all kinds of businesses from very small to very large. There are various ways through which MS Excel can help the managers to interpret data. For example, a company which sells mobile connections to the customers can enter their data in the excel sheets in the form of tables. At the end of the month if the manager wants to analyze the data then he can go in the "graphs" option in MS Excel and can see the percentages and the trends of the sales in previous months. Managers can also apply various functions on the data from the MS Excel. Managers can also use MS Excel in their business research analysis like if they want to find out industry trends then they can calculate regression equation and can determine the important factors which can impact their business. All accounting functions can be applied on data in MS Excel. I think MS Excel is the most simplest form of a database.
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