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Globalisation

Analysing global business data

  • 3 things to know
  • Unit A2 2

Overview

Financial indicators used for when analysing global business data and purpose of forecasts in global business data analysis.

What you need to know

Answer each one before you reveal it.

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Key term

What are financial indicators used for when analysing global business data?

Key term

What role do non-financial indicators play in analysing global business data?

Key term

Why is market analysis important when analysing global business data?

Questions from this subtopic

Each one with the model answer underneath.

  1. 1

    What are measures of performance in the context of analysing global business data?

    Model answer

    Measures of performance are metrics used to evaluate how well a business is achieving its objectives, such as profitability, productivity, or market share.

  2. 2

    What are financial indicators used for when analysing global business data?

    Model answer

    Financial indicators such as revenue, profit margins, and return on investment help assess the financial health and performance of international operations.

  3. 3

    What role do non-financial indicators play in analysing global business data?

    Model answer

    Non-financial indicators such as customer satisfaction, employee turnover, and brand awareness provide insights into operational and strategic performance beyond financial results.

  4. 4

    Why is market analysis important when analysing global business data?

    Model answer

    Market analysis helps businesses understand the size, growth, competition, and characteristics of international markets to inform strategic decisions.

  5. 5

    How are trends used in analysing global business data?

    Model answer

    Identifying trends in data over time helps businesses recognise patterns, anticipate changes, and make informed decisions about international operations.

  6. 6

    What is the purpose of forecasts in global business data analysis?

    Model answer

    Forecasts use historical data and assumptions to predict future performance, helping businesses plan for expected conditions in international markets.

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A ratio.
profitabilityliquiditygearing

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AMarket growth = ((1950 − 1450) ÷ 1450) × 100 = 34.5 %.
BSales volume is the total quantity of units sold in a market.
CSales value is the total revenue generated from sales in a market.

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A salary is a fixed annual amount.
TrueFalse

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