Using Spreadsheet Software in a Business Environment

Did you know that spreadsheet software is an integral component of most businesses and organizations around the world? Why do companies use spreadsheet software, such as Excel, for daily business operations?

Here are three main functions of spreadsheet software:

Data Analysis
Data Management
Problem Solving

Companies use spreadsheet software to analyze, store, and share business data sets, as well as create graphs and charts, to inform future business planning and decision-making processes. For example, let’s say you love making cookies and decide to open a bakery. The first thing you will need to do is develop a business plan, including projected expenditures (expenses) and revenues (sales), to determine if you will generate any profit. You can do this in spreadsheet software like Excel.

Module Lessons Preview

In this module, we will study the following topics:

Key Terms-

CSV: Comma Separated Values

PDF: Portable Data Format

Spreadsheet: A computer application used for entering, calculating, analyzing, and sharing business data.

Workbook: Individual spreadsheet files, composed of one or more worksheets.

Worksheet: A single page of a spreadsheet workbook file.

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