What is the business in lab 2

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Reference no: EM133218705

Assignment:

1. Product Costs worksheet to determine the vendor with the lowest price for the same item when it is supplied by multiple vendors. You can filter the data using the Item Description column. This filters list can be sorted by Item Cost and Vendor Number. Include the following columns in the solution:

Order Number
Vendor Number
Item Number
Item Description
Item Cost
Quantity
Cost Per Order
Order Date
Arrival Date
Delivery Days (Delivery Days is Arrival Date - Order Date)

2. In Chapter of your textbook you were required to: Recognize the function and role of data aggregators, the potential for leveraging third-party data, the strategic implications of relying on externally purchased data, and key issues associated with aggregators and firms that leverage externally sourced data. Response to the following questions:

What is the business in Lab 2? Would you recommend any of the solutions in the textbook to the business represented in Lab 2?
What can you determine about the sales of the business represented in Lab 2? What does the analysis of the Product Costs worksheet in Lab 2 tell you about the frequency the items purchased?
What observations about the data can you provide the business represented in Lab 2? What data represented in Lab 2 would you consider private?

Reference no: EM133218705

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