The Role of Index For Assessment In Business

Anis Aniza Abdul Hadi; Puspa Liza Ghazali; Nik Hazimi Mohamed Foziah; Roslida Razak; Juliana Arifin

doi:10.37231/jmtp.2022.3.2.210

Anis Aniza Abdul Hadi UNISZA
Puspa Liza Ghazali Faculty of Business and Management, Universiti Sultan Zainal Abidin, 21300 Kuala Nerus, Terengganu, Malaysia
Nik Hazimi Mohamed Foziah Faculty of Business and Management, Universiti Sultan Zainal Abidin, 21300 Kuala Nerus, Terengganu, Malaysia
Roslida Razak Faculty of Business and Management, Universiti Sultan Zainal Abidin, 21300 Kuala Nerus, Terengganu, Malaysia
Juliana Arifin Faculty of Business and Management, Universiti Sultan Zainal Abidin, 21300 Kuala Nerus, Terengganu, Malaysia

DOI: https://doi.org/10.37231/jmtp.2022.3.2.210

Keywords: Index, Assessment in Business, Business, The Index Role

Abstract

The role of index is important in chosen to build a new system analysing entrepreneurs' effectiveness for business development based on these characteristics of knowledge, connectivity and network, sustainable development, digital, knowledge, agility, innovativeness, and knowledge. Index statistics' principal function is to simplified potentially complex calculations. It became particularly handy for evaluating a large number of distinct output variable. Most economists can use index approach to determine prices, earnings, output, labour force participation, trade balance, and rising prices. This paper focus on the role of indexes for assessment in business from an involving participation. The professional and technical sectors, as well as the general media, utilise a variety of indexing or index numbers. A comprehensive index is particularly important for specialized texts since readers prefer to search up certain subjects rather than reading the information from beginning to end. This structural characteristic broadens the universe of options while also decoupling risk analysis in the business.

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