Answer the activity in as much detail as possible, considering your organisational requirements. 1. This is an ongoing practical activity which will require you to source and analyse information for the following types of business decisions: Identifying business problems and issues and related knowledge and data requirements Confirming the clear and relevant objectives for analysis of information Applying statistical analysis, sensitivity analysis and other techniques to draw conclusions relevant to decisions Ensuring sufficient valid and reliable information or evidence is available to support decisions Using formal and informal networks to source information not held in formal systems Identifying and accessing sources of reliable information Using technology as appropriate Consultation with stakeholders and specialists. You will be expected to take decisions in accordance with the findings of your analysis. Such decisions should be taken in accordance with organisational guidelines and procedures. You should also ensure consistency with organisational objectives, values, and standards