Plan for collection of primary and secondary data

Unit 6 Business Decision Making - Level 5 (Diploma in Business)

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Task 1

Question 1 Plan for collection of primary and secondary data on Marks and Spenser and presenting survey methodology and sampling framework

Question 2 Questionnaire for retail customers of Marks and Spenser

Task 2

Question 1. Summarising the data for total revenue of the group and general merchandise revenue with respect to Marks and Spenser while using the representative values and measures of dispersion

Question 2. Quartiles of total revenue and general merchandise division sales

Question 3. Correlation coefficient

Task 3

Question 1. Time series graph

Question 2 Trend analysis

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Task 4

Part A (4.2)

Facts of the case

Unit 6 Business Decision Making, Level 5 (Diploma in Business) is a complex and challenging task that requires students to demonstrate their knowledge of the different types of business decisions, the factors that influence these decisions, and the techniques that can be used to make effective decisions. The assignment can be broken down into the following key areas:

Identifying the decision problem: The first step is to clearly identify the decision problem that needs to be solved. This involves understanding the current situation, the desired outcome, and the constraints that are in place.

Gathering information: Once the decision problem has been identified, the next step is to gather information that is relevant to the decision. This information can come from a variety of sources, including internal records, external reports, and interviews with stakeholders.

Analyzing the information: The next step is to analyze the information that has been gathered. This involves identifying the key factors that will influence the decision, and developing a model that can be used to assess the different options.

Making the decision: The final step is to make the decision. This involves weighing the pros and cons of the different options, and selecting the option that is most likely to achieve the desired outcome.

Unit 6 Business Decision Making Assignment Help, Level 5 (Diploma in Business) is a challenging task, but it is an important one that can help students develop the skills they need to make effective decisions in the workplace.

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