Utilizing and teaching data tools in Excel for exploratory analysis
In this article we offer Excel as an introductory tool to high end business intelligence (BI) and decision support system (DSS) applications. Because it is ubiquitous, Excel can be used by all managers and business students for exploratory data analysis. We provide three key points in this utilization of MicrosoftÂ® Excel 2003: (1) manipulating records using Excel as a database, (2) creating PivotTablesÂ® and PivotChartsÂ® using Excel for analysis, and (3) importing data using Excel as an automation container. The basic skill set defined by the above three items allows users to begin to use Excel to its full potential in finding information in business data, and it offers a key tool for future research in improving the utilization of information across organizations.
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- Tihanyi, Laszlo & Thomas, Wayne B., 2005. "Information-processing demands and the multinational enterprise: a comparison of foreign and domestic earnings estimates," Journal of Business Research, Elsevier, vol. 58(3), pages 285-292, March.
- Koschat, Martin A., 2005. "A Case for Simple Tables," The American Statistician, American Statistical Association, vol. 59, pages 31-40, February.
- Rau, Devaki, 2006. "Top management team transactive memory, information gathering, and perceptual accuracy," Journal of Business Research, Elsevier, vol. 59(4), pages 416-424, April.
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