Business Studies, asked by blueishu5264, 1 year ago

Aim and objectives on role of statistics in business and economic research

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Answered by ram3365
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Aims

The primary aim of National Statistics is to provide an accurate, up-to-date, comprehensive and meaningful picture of the economy and society to support the formulation and monitoring of economic and social policies by government at all levels. Other aims are:

to inform the Parliament and the citizen about the state of the nation and provide a window on the work and performance of government policies and actions to be addressed;

to provide business with a statistical service which promotes the efficient functioning of commerce and industry;

to provide researchers, analysts and other customers with a statistical service that assists their work and studies;

to promote these aims within the UK, the European Union and internationally and provide a statistical service that meets European Union and international requirements.

Objectives

The objectives of National Statistics in pursuit of these aims are:

to improve the quality, timeliness and relevance of its service to customers both within government and the wider community;

to improve public confidence in official statistics by demonstrating that they are produced to best professional standards and free from political interference;

to operate efficiently by improving value for money in the production of its outputs and minimising the burden on those who supply it with data.

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