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Unit 6 Business Decision Making -Level 5

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Unit 6 Business Decision Making

Level 5

Task-1

1.1 Create a plan for primary and secondary data collection?

1.2 Presentthe survey methodology along with an appropriate sampling frame and strategy?

1.3 Design a questionnaire to carry out the survey?

Design the questionnaire

Age band

18-25
25-35
35-45
45-55

Have you ever used the services and products offered by Kompas holiday international

Yes

NO

Do you intent to take a reap of newly offered packages

Yes

NO

How do you feel regarding the present services and products offered by organization?

Good

Effective

Bad

Average

Are you feeling forward to continue with the present services and products offered by Kompas holiday international?

Yes

No

Would you like certain new tours packages and lucrative offers given by Kompas holiday international?

Yes

No

or what purpose do you use tours and travel services and products?

Education

Leisure

Fun

Self- development

Task-2

2.1 Analyses the results to draw valid conclusions regarding new tour product development?

2.2 Analyze data using measures of dispersion (standard deviation) to develop a given business scenario for a new product development?

2.3 Analyzedata using measures of dispersion (standard deviation) to develop a given business scenario for a new product development?

2.4 Explain how quartiles, percentiles and correlation coefficient can be used to aiddecision making in the package tour market?

Task-3

3.1 Producegraphs and charts (pie, bar, line, give, histogram) using a spreadsheet to draw valid conclusions based on the information regarding the proposed project?

3.2 Create a trend line on an XY- plot using a spreadsheet and use it to forecast future events within the chosen business context

3.3 Preparea business presentation based on your analysis and findings using appropriate software tools?

3.4 Producea formal business report for the proposed new product development initiative at the chosen organization?

Task-4

4.1 Launch of new project

4.2 Usefinancial tools such as the feasibility analysis to assess viability of the project?


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