Statistics help managers understand trends that affect their business. With statistics, managers can justify making changes to policies and strategies.
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it is used in communication for inventory management for data management for customer relationship management
Credit management is vitally importance for a successful financial future. Good credit can ensure better loan terms, higher credit limits, and greater availability to financial products.
Financial management ensures that a business is monitoring their finances. Financial management involves setting budgets and ensuring that departments remain on budget throughout the year.
Management information system (MIS) has most importance for every new company. Every company needed all information about employ, work, etc to management of their companies. MIS is the system that provide information to the company.
important of statistics in estate management
what is the importance of statistics?
importance of statistics for an economist
importance of basic statistics
importance of statistics in trade
what are the importance of statistics to welding
appraise the importance of statistics to human activities
importance of statistics in field of economics
ai want to know the importance of statistics in nigeria
Importance of statistics in geographical studies
Stastics produce reliable information relative to project management as opposed to myths and rules of thumb that are developed more randomly and with less reliability. .,
Discuss the importance of descriptive statistics