Creation of information using representative values

Unit 6 Business Decision Making Assignment Help - Unit 6 Business Decision Making - Level 5 BTEC HND in Business
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Program: BTEC Higher National Diploma in Business

Unit Name: Unit 6 Business Decision Making

Level: Level 5

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Task 1
Question 1 Create a plan for the collection of primary and secondary data useful to conduct a research that may provide ways to improve sales in your chosen company?
Question 2 Present, a survey methodology and sampling frame that will be most appropriate in your investigation?
Question 3 Design a questionnaire that you will use to collect primary data for the research

Task 2- Part A: Calculations and graph production (evidence for AC 3.3)
Question 1 Creation of information using representative values
Question 2 Analysis of results obtained in AC 2.1 for decision making
Question 3 Calculation of Standard Deviation and its usefulness
Question 4 Calculate the quartiles, percentiles and correlation coefficient of profit and sales figures

Task 3
Question 1 Production of graphs
Question 2 Creation of trend line in scatter graph and obtaining linear equation of the line fitted on scatter graph to forecast profit for an estimated sale of £ 400,000.
Question 3 Preparation of Business Presentation
Question 4 Formal Business Report

Task 4: Prepare a project plan
Question 1 Preparation of project plan using network diagram and determination of Critical Path.
Question 2 Calculation of NPV and IRR. Reporting on the financial viability of project options and advising on which option to channel the investment.

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