evaluation scenario
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What are the benefits and limitations of an evaluation?
The benefits to both Cashflow Technologies, Inc and MCCD will be in current and future dollars
made by each company. The school will have future classes to offer its students where as Cashflow will
earn revenue off products made. In addition, these off shoots of products (games, videos and books)
will allow the company to render a larger market share in educational products. In addition to products,
Cashflow will also account for training sessions and seminars to MCCD. This is a great way to accomplish
reinforcement of learning the material but, unfortunately there has been no evidence of training
sessions or seminars to date. Therefore, this must be seen as a limitation. The managers as well as all
workers within Cashflow will also benefit from the evaluation. The company will have access to the
evaluation and make changes based upon an evaluation to make a better product. This also leads to a
better understanding of the product itself which then leads to higher self worth which leads to better,
more efficient and loyal workers.
The access to sales information, student performance data and contact information will provide
not only critical data about how the product performed but also as a means to improve the product.
Furthermore, depending upon the information gleaned from the data it will also impact the short and
long term outcomes such as retention of learning materials. In turn, this also creates a new audience
and possibly more new products. By creating a demand for more new products, Cashflow will ultimately
earn more dollars where as MCCD will have possible new learning materials.
Other limitations to this evaluation may include that there were no changes as a result of using
this courseware. In addition, who has access to this information can be a limitation. Having access to
sensitive information can create hard feelings and criticisms from within MCCD and Cashflow. It can also
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create an atmosphere of bias. Furthermore, because there is a limitation on funds for the evaluation
($6000) this can inhibit a proper evaluation.
What factors ensure that an evaluation will be successful?
By having an outside firm do the evaluations, Cashflow and MCCD took an important step
towards having a successful evaluation. In using an accredited educational institution to do the
evaluation, it will lend objectivity and credibility to the results that will be viewed by other learning
institutions and companies. Having access to critical and pertinent data (2 years of student performance
and contact information) will lead to quantitative and qualitative data analysis. In addition, the
evaluators need to be seen as objective. The evaluators will have no personal stake in the outcome but
also must account for the socio-cultural factors within MCCD and Cashflow. If the evaluation is to be
called a “success”, MCCD and Cashflow need to accept whatever the findings may uncover, positive or
negative.
How might one use evaluation results?
Because MCCD and Cashflow have chosen to do the evaluation they will have to decide how to
proceed with the information gained from the evaluation. The evaluation will identify strengths and
weaknesses of the courseware. By rendering an evaluation, MCCD and Cashflow can determine what
budgetary needs are to be met now and in the future. Cashflow can also keep products, expand product
lines or delete products from their inventory. MCCD has the opportunity to take the courseware or opt
out. Cashflow and MCCD can also use the data analysis as a marketing tool and will have the knowledge
of money is being well spent on a validated program.