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Jemshah
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Asked: 2023-01-01T13:29:54+00:00 In:

State two uses of a spreadsheet in an organization.(4 marks)June/July 2020

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State two uses of a spreadsheet in an organization.(4 marks)June/July 2020

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    Enlightened
    1. Financial management: Spreadsheets can be used to create budgets, track expenses, and analyze financial data. This can help organizations make informed financial decisions and monitor their financial performance.
    2. Data analysis: Spreadsheets can be used to analyze large datasets and extract insights and trends. This can be useful for tasks such as market research, customer analysis, and operational efficiency.
    3. Project management: Spreadsheets can be used to track tasks, resources, and deadlines for projects. This can help organizations stay organized and ensure that projects are completed on time and within budget.
    4. Sales and marketing: Spreadsheets can be used to track sales data, analyze customer demographics, and create targeted marketing campaigns. This can help organizations improve their sales and marketing efforts and better understand their customers.
    5. Human resources: Spreadsheets can be used to track employee information, such as salary, benefits, and performance evaluations. This can help organizations manage their workforce and make informed personnel decisions.
    6. Inventory management: Spreadsheets can be used to track inventory levels, reorder points, and supplier information. This can help organizations manage their inventory more efficiently and avoid shortages or excesses.
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