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Unit 6 Business Decision Making - WM Morrison - Level 5 Diploma in Business

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Program: Diploma in Business

Unit Name: Unit 6 Business Decision Making - WM Morrison

Level: Level 5

Task 1
P1.1 Plan for collection of primary and secondary data
P1.2 Survey methodology and sampling frame used for survey
P1.3 designing of a questionnaire

Task 2
P2.1 Creation of information for decision making by summarising data using the representative values
P2.2 Analysis of results to draw valid conclusions
P2.3 Analysis of data using measures of dispersion
P2.4 Explanation of how quartiles, percentiles and correlation coefficient are used to draw valid conclusions

Task 3
P3.1 Producing graphs using spreadsheets and drawing useful conclusions
P3.2 creating trend lines for assisting in forecasting sales revenue
P3.3 Business presentation to disseminate information effectively
P3.4 Formal Business Report

Task 4
P4.1 Information processing tools for operational, tactical and strategic decision making
P4.2 Plan for activity and determination of critical path
P4.3 Financial tools for decision making


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