Data analysis tools in the process phase Background & company description
If you are designing a case study and it comes to the background and company description phase, a data analysis tool can help you.
Data analysis tools allow you to analyse, present and interpret data. This allows you to present the situation, structure and economic situation of the company in a detailed and clear manner. Interactive dashboards and detailed data analyses make it easier for learners to grasp the complex relationships, understand them better and engage intensively with the subject matter. They are therefore of great importance as they enable in-depth analyses and a clear presentation of the company's situation. This is because interactive dashboards and reports allow learners to explore the data themselves and analyse different scenarios. This encourages a more active engagement with the content. The tools also make it possible to present different perspectives and analyses that address different questions and interests of the learners. Data analysis tools can be used to create forecasts and analyse scenarios to simulate possible future developments.
Personal reflection
How could you utilise a data anlysis tool when designing the current process phase if you have the following scenario as your case? A local family-owned snack bar specializing in street food has a loyal customer base, and its impact is getting larger: more and more new visitors are received since two months ago. The owners are now looking for market expansion opportunities. The owner calculated carefully their revenue, costs, and did some market research around the neighbourhood. He’s thinking maybe open another shop in a nearby neighbourhood or offer more diversified food in the current shop.
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Process phase Background & company description.
Digital potential when designing case studies for VET.