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

70.2K

Verified Solution

Question

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)

Answer & Explanation Solved by verified expert

4.3 Ratings (754 Votes)

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

Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:

Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!

Become a Member

Transcribed Image Text

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)