It means logically investigating and processing information.
We have to,
- Compare information
- Explain why some information is important
- Explain the implication
It’s vital to use all the information available to you to have 360 degree assessment in any case.
In the exam to demonstrate the analysis, ask yourself three questions,
What information is available?
How do we compare information?
What does the conclusion/ Analysis means. (Its Impact)
What to do?
Gather maximum possible information (Financial accounts, Minutes of Board meeting, Industry research report etc.)
Give reasons of problems.
Recommend appropriate course of action.