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Write a 250 word response and simply answer problem 24. See attachment. Use at least one reference.
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Running head: KITSCH PROFIT AND LOSS QUESTION AND ANSWER
Kitsch Profit and Loss Question and Answer
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KITSCH PROFIT AND LOSS QUESTION AND ANSWER.
Kitsch Profit and Loss Question and Answer
In any partnership, the principal owners have a stake i...
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Preparation for the Tasks:
1.At the start of your assignment, you are encouraged to plan your assessment work with your Assessor, and, where appropriate, agree milestones, so that they can help you monitor your progress.
2.Refer to the indicative content in the unit to guide and support your evidence.
3.Pay attention to how your evidence is presented, remember you are working in the People Practice Team.
4.Ensure that the evidence generated for this assessment remains your own work.
You will also benefit from:
1.Completing and acting on formative feedback from your Assessor.
2.Reflecting on your own experiences of learning opportunities and continuous professional development.
3.Reading the CIPD Insight, Fact Sheets and related online materials on these topics.
Task two - example of analysis of data to inform practice
A mini survey on the quality of work has recently been carried out as a pilot and the raw data from the first three departments, Research & Design, Administration and Marketing has just been collected. The People Practice manager has asked you to represent the data as percentages and analyse the survey results.
1.Review the sets of raw numerical data that have been provided in the tables below and convert them to percentages to illustrate the results.
2.Provide an analysis of these, identifying themes, patterns and trends that appear to be occurring. As a part of this analysis, consider the possible issues that have been revealed by the data.
3.Calculate how many working days are lost in a three-month period for each department based on the above figures.
4. Estimate the projected average loss of working days over a 12-month period if these rates were to continue.
5.Calculate the costs of pay assuming all absentees are contractually paid full remuneration whilst off sick during the three-month period. (1.4)
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3CO02 Principles of analytics Case Study
Case study
Your recently appointed People Practice manager is surprised by the limited use of metrics in the department an ...
3CO02 Principles of analytics Case Study
Case study
Your recently appointed People Practice manager is surprised by the limited use of metrics in the department and wants to address this concern by raising the knowledge and understanding of the People Practice Team. The manager wants to express that using different forms of evidence and data can help make informed decisions and judgments on all manner of working practices and situations. You have been asked to prepare a presentation and presenters notes in readiness to be given to the People Practice Team on their next learning and development day. Also, by way of an example it has been requested that you provide interpretation of survey data that has been collected from three departments in the organization.
Preparation for the Tasks:
1.At the start of your assignment, you are encouraged to plan your assessment work with your Assessor, and, where appropriate, agree milestones, so that they can help you monitor your progress.
2.Refer to the indicative content in the unit to guide and support your evidence.
3.Pay attention to how your evidence is presented, remember you are working in the People Practice Team.
4.Ensure that the evidence generated for this assessment remains your own work.
You will also benefit from:
1.Completing and acting on formative feedback from your Assessor.
2.Reflecting on your own experiences of learning opportunities and continuous professional development.
3.Reading the CIPD Insight, Fact Sheets and related online materials on these topics.
Task two - example of analysis of data to inform practice
A mini survey on the quality of work has recently been carried out as a pilot and the raw data from the first three departments, Research & Design, Administration and Marketing has just been collected. The People Practice manager has asked you to represent the data as percentages and analyse the survey results.
1.Review the sets of raw numerical data that have been provided in the tables below and convert them to percentages to illustrate the results.
2.Provide an analysis of these, identifying themes, patterns and trends that appear to be occurring. As a part of this analysis, consider the possible issues that have been revealed by the data.
3.Calculate how many working days are lost in a three-month period for each department based on the above figures.
4. Estimate the projected average loss of working days over a 12-month period if these rates were to continue.
5.Calculate the costs of pay assuming all absentees are contractually paid full remuneration whilst off sick during the three-month period. (1.4)
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