Turnmeyer-Research Paper - Assignment 2-CIS331

Turnmeyer-Research Paper - Assignment 2-CIS331 - Turnmeyer...

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Turnmeyer – CIS331 – Assignment 2: Spreadsheet Modeling Spreadsheet Modeling Barry Turnmeyer System Modeling Theory - CIS 331 May 12, 2011
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Turnmeyer – CIS331 – Assignment 2: Spreadsheet Modeling The spreadsheet is an enormously powerful and flexible tool. The term spreadsheet modeling covers a wide range of types of spreadsheet from simple calculations through to complex pieces of software designed to reflect complicated interactions, with macros to automate the process. It is used by almost every business organization in America. Almost every business decision is a back-up using a spreadsheet model, especially those with financial projections. Spreadsheet modeling is an effective and convenient way to structure your business analysis, decisions, and projections. Many people use spreadsheet models as mathematical models, but a spreadsheet is so much more than just your basic math spreadsheet. A spreadsheet is “a table of values arranged in rows and columns. Each value can have a predefined relationship to the other values. If you change one value, therefore, you may need to change other values as well.” Webopedia (2011). “A spreadsheet model is essentially a filled-in example of a particular type of spreadsheet.” eHow (2011) Spreadsheet modeling utilizes spreadsheet software tools to enhance the business’ model. These tools could be Lotus 1-2-3, Apple iWorks, or the most commonly used Microsoft Excel.
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This note was uploaded on 01/11/2012 for the course POL 300 taught by Professor Hafezi during the Spring '09 term at Strayer.

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Turnmeyer-Research Paper - Assignment 2-CIS331 - Turnmeyer...

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