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ScotlandBusiness Management

Evaluating Business Information

6 dot points across 6 inquiry questions. Click any dot point for a focused answer with worked past exam questions where available.

How does critical path analysis schedule a project, identify the critical path and reveal where time can be saved?

Critical path analysis: a network technique that sequences interdependent project activities, identifies the critical path and float, and shows the shortest time to complete a project and where delay matters most.
How critical path analysis supports project management in Advanced Higher Business Management: sequencing interdependent activities in a network, finding the critical path and float, and identifying the shortest completion time and where delay is most damaging.
14 min answer →

How does a force-field diagram help a manager analyse a decision by weighing the forces for and against change?

Force-field analysis: a tool that maps the driving forces pushing for a decision or change against the restraining forces resisting it, used to weigh and inform the decision.
How force-field analysis supports decision-making in Advanced Higher Business Management: mapping the driving forces for a change against the restraining forces against it, scoring them, and using the balance to inform and plan the decision.
13 min answer →

How does a Gantt chart help an organisation plan, schedule and monitor the tasks in a project?

Gantt charts: a tool that schedules project tasks against a timeline, showing the start, duration and overlap of activities, used to plan, communicate and monitor progress.
How Gantt charts support project planning in Advanced Higher Business Management: scheduling tasks against a timeline to show start, duration and overlap, communicating the plan, and monitoring progress, with their strengths and limitations.
13 min answer →

How do you move from analysed information to evidence-based conclusions and clear strategic recommendations?

Drawing conclusions and making recommendations: synthesising analysed information into reasoned, evidence-based conclusions and clear, justified strategic recommendations, the culmination of the evaluation skill.
How to reach conclusions and recommendations in Advanced Higher Business Management: synthesising analysed information into reasoned, evidence-based conclusions and clear, justified strategic recommendations, the culmination of the evaluation skill and the heart of the project.
13 min answer →

How does a manager evaluate financial and performance information from reports, statistics and surveys to judge how an organisation is doing?

Evaluating financial and performance information: interpreting reports, financial data, statistics and surveys, judging their reliability and limitations, and using them to assess organisational performance.
How financial and performance information is interpreted in Advanced Higher Business Management: reading reports, financial data, statistics and surveys, judging their reliability and limitations, and using them to assess how well an organisation is performing.
14 min answer →

How does an organisation gather reliable business information, and how is research properly referenced?

Research methods and referencing: primary and secondary research, sampling, the criteria for reliable information, and the conventions of referencing, bibliographies and footnotes used in the project.
How business information is gathered and cited in Advanced Higher Business Management: primary and secondary research, sampling, the criteria for reliable information, and the referencing, bibliography and footnote conventions used in the project.
13 min answer →