Question

4. What role can Excel play in decision making? 5. Describe a time you have performed...

4. What role can Excel play in decision making?

5. Describe a time you have performed a what-if analysis.

13. What are some of the file types that Excel supports?

Homework Answers

Answer #1

Answer 4) Excel plays an extremely significant role in today’s corporate world but the one that has toward decision making is that the application would be used to procure every one of the information accessible to then discovers the right game-plan.

5) I have used a what-if analysis while I was recognizing the number of commodities needed so that to make a certain percentage of profit. The what-if analysis helped in specifying the products to be sold to accomplish several levels of profitability. This analysis supported to set the target to be accomplished within a certain period so that the business could be successful.

13) File types which are supported in excel are:-

. CSV , .dbf , .dif , .html , .mhtml , .ods , .pdf , .txt , .xls , .xlsm , .XML etc

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