Prepare a project plan for an activity and determine the critical path

Unit 6 Business Decision Making - BTEC Level 3 National in Enterprise and Entrepreneurship

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Business Decision Making Tools

Task 1:

Question 1 Create a plan for the collection of primary and secondary data for a given business problem.

Question 2 Present the survey methodology and sampling frame used

Question 3 Design a questionnaire for a given business problem

Task 2:

Question 1 Create information for decision making by summarising data using representative values

Question 2 Analyse the results to draw valid conclusions in a business context

Question 3 Analyse data using measures of dispersions to inform a given business scenario

Question 4 explain how quartiles, percentiles, and the correlation coefficient are used to draw useful conclusions in a business context

Task 3:

Question 1 Produce graphs using spreadsheets and draw valid conclusions based on the information derived

Question 2 Create trend lines in spreadsheet graphs to assist in forecasting for specified business information

Task 4:

Question 1 Use appropriate information processing tools

Question 2 Prepare a project plan for an activity and determine the critical path

Question 3 use financial tools for decision making

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