Business Statistic Course in Singapore
Business Statistic Course in Singapore
Business Statistics is the ability to create effective decisions during situations involving risk or uncertainty. Understanding the logic and rationality behind possible business decisions in given scenarios is the goal of Business Statistics. Learning this skill enables the minimization of losses potentially incurred by businesses, yet few business professionals understand the implications of being able to assess the impact of uncertainty in business decisions.
Learning Business Statistics is necessary for the continuity, sustainability, and development of businesses through the use of effective decision-making. While technology has enabled the collection and processing of large volumes of information, uncertainty and risk remain part of conducting business.
In this Business Statistics course, participants will learn how to deal with uncertainty, and determine the best course of action under imperfect conditions. This course shall also discuss common fallacies faced by business professionals during the decision-making process.
This Business Statistic workshop is ideal for anyone who would like to gain a strong grasp and improve their Business Statistic.
All Staff Within An Organisation
The ideal group size for this Business Statistic course is:
Minimum: 5 Participants
Maximum: 15 Participants
The duration of this Business Statistic workshop is 1 full day. Knowles Training Institute will also be able to contextualised this workshop according to different durations; 2 full days, 1 day, half day, 90 minutes and 60 minutes.
1 Full Day
9 a.m to 5 p.m
Below is the list of course benefits of our Business Statistic course
Learn how to deal with risk and uncertainty faced in decision-making
Understand how logical fallacies mislead data analysis
Minimize incurred business losses from pursuing opportunities
Maximize the benefit gained from taking financial risks
Increase overall productivity and sales of the business
Below is the list of course objectives of our Business Statistic course
Appreciate the importance of business statistics
Determine the principles behind business statistics
Identify the relevance of risk and uncertainty in business decisions
Understand the impact of logical fallacies in decision-making
Develop logical and fact-driven reasoning
Analyse data and trends for decision-making
Utilize tools for minimizing uncertainty and risk
Create a solid understanding of common logical fallacies
Develop effective strategies in data analysis and decision-making
Identify variable factors in assessing probabilities and risks
Comprehend the cost and benefit of pursuing risks in business
Manage the risk and reward of uncertainty
Below is the list of course content of our Business Statistic training course
Principles behind Business Statistics
Bounded Rationality Principle
Understanding Data and Business Trends
Understanding the Risk-Reward principle
Tools for Dealing with Risks and Uncertainty
Utilizing Business Acumen and Business Intelligence
Variability and Margin for Error
Workshop: Identifying Common Fallacies in Decision-Making
Each participant will receive the following materials for the time management course
Business Statistic Learner’s Guide
Business Statistic Key Takeaways Notes
Business Statistic Essentials Ebook
Business Statistic Course Handouts
Business Statistic 30-Day Action Plan
Business Statistic MindMaps Pack
Business Statistic PPT Slides Used During Course
Business Statistic Long-Term Memory Flashcards Pack
Business Statistic E-Learning Course
Business Statistic Online Video Course
Business Statistic Essentials Audiobook
Business Statistic Infographics Pack
Each course participant will receive a certification of training completion
There are 3 pricing options available for this Business Statistic training course. Course participants not in Singapore may choose to sign up for our online Business Statistic training course.
We have the following discounts, fundings & subsidies for this Business Statistic training course
Our Trainers are Subject Matter Experts
Post Training Support: A vast majority of training does not have any effect beyond 120 days. To work, training has to have a strong pre- and post-training component. Post-training reinforcement helps individuals to recall the understanding and ask questions.
Blended Learning: Learning does not occur in the classroom. Virtually everybody prefers distinct ways of learning. Successful learning should have a multi-channel, multi-modal strategy.
We Understand The Industry: We’ve got a profound comprehension of the business, business design, challenges, strategy and the that our participants are in and have designed the courseware to cater to their professional needs.
Course Content: Knowles Training Institute’s material is relevant, of high quality and provide specific learning results. Participants will leave the training course feeling as they have gained a strong understanding and will also be in a position to execute what they have learned sensibly.
Course Development — The workshop modules follow a systematic and logical arrangement. This structure helps to ensure that the course material allows the facilitators to deliver the course in a logical arrangement. Consider the subjects as building bricks into learning, our facilitators slowly build towards a comprehensive picture of this entire topic.
Register For This Business Statistic Course Now!
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