Qualitative Data Analysis Techniques for the New Age Management Accountants
DOI:
https://doi.org/10.33516/maj.v54i4.54-55pAbstract
The new age Management Accountants (CMA) deal in a lot of data for decision making purposes, which can be both quantitative or qualitative in nature. Till recently, the qualitative data, i.e. words, text, pictures were hitherto analyzed manually as it was considered less significant than quantitative data. This article describes one of the popular software N Vivo to illustrate how such software help in data processing by undertaking a cluster analysis, word cloud or through the preparation of charts. The important point to note here is that the qualitative data assessment and the quantitative data analysis are not mutually exclusive and the new age CMA can contribute more to the success of their organization by being proficient in the use of both for decision making purposes.Downloads
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NVivo Qualitative Data Analysis Software; QSR International Pty Ltd. Version 12 (N Vivo 12 Pro).
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