In the sixth lesson we will continue the introduction of approaches to and application of data to inform business decisions and different pricing models. Here, we will add KPIs for Micro businesses, profitability and ROI to the curriculum as well. The workshop at this lesson will guide you through exercises to experiment with applying theory on KPIs, profitability and ROI into your own business.
*recommended to be taken with Lesson 5
study mode
GROUP (PREFERRED) & INDIVIDUAL WORK
STUDY TIME
100 minutes
challenges
THE DEUSCOMP MACRO CHALLENGE
The local authority has been donated funding by a local philanthropist (donor) for a collection of exhibitions to help promote social cohesion within the community.
THE DEUSCOMP MICRO CHALLENGE
1. Identify the tools/methods to be used to collect and measure data for the project and explain why they are the most suitable (in medium of your choice)
2. Propose five ‘key performance indicators’ for the project and explain your reasoning (in a medium of your choice)