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Objective: To provide you with an opportunity to collect and collate for analysis, data and information...

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Finance

Objective: To provide you with an opportunityto collect and collate for analysis, data and information on theeffectiveness of financial management processes within the workteam.

Activity: Collect and collate dataabout the effectiveness of your financial management processes.What data can you use? Consult with relevant staff to seek feedbackon the effectiveness of your organisation’s financial managementprocesses – who did you ask? What was their feedback?

Are these methods effective? How would you suggest theybe improved? (minimum 300 words)

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We will look at four different data collection techniques observation questionnaire interview and focus group discussion and evaluate their suitability under different circumstances Data collection is the process of gathering and measuring information on variables of interest in an established systematic fashion that enables one to answer stated research questions test hypotheses and    See Answer
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Objective: To provide you with an opportunityto collect and collate for analysis, data and information on theeffectiveness of financial management processes within the workteam.Activity: Collect and collate dataabout the effectiveness of your financial management processes.What data can you use? Consult with relevant staff to seek feedbackon the effectiveness of your organisation’s financial managementprocesses – who did you ask? What was their feedback?Are these methods effective? How would you suggest theybe improved? (minimum 300 words)

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