Page 102 - APM Integrated Workbook STUDENT S18-J19
P. 102

Chapter 6






                           Problems dealing with qualitative data





                               Qualitative data is information that cannot normally be expressed in
                               numerical terms.

               Much of the qualitative data is:


                    subjective in nature and

                    can be difficult to capture and transform into useful information.

               However, when making decisions and managing performance, qualitative factors still
               need to be considered, for example:

                    customer opinions about a new product

                    levels of employee satisfaction

                    the effects on the environment of a particular decision


                    legal implications of a particular course of action

                    the impact of government policies on decisions

                    the timing of a decision.

               The judgmental and subjective nature of qualitative data may be dealt with by:


                    looking at trends in performance, e.g. employee satisfaction scores

                    transforming data into quantitative information, e.g. by applying a 1 to 5 scale
                     when assessing customer satisfaction.





















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