Tuesday, February 19, 2013

Business decision

 
 
 
 
Assignment front sheet
Criteria reference
To achieve the criteria the evidence must show that the student is able to:
Task no.
LO1 Be able to use a variety of sources for the collection of data, both primary and secondary:
1.1create a plan for the collection of primary and secondary data for a given business problem
Write in memo format




Write a plan for the survey showing the steps followed

Discuss data protection and ethical issues for the collected data
3




3(c)
1.2present the survey methodology and sampling frame used
Identify examples of primary data for the case

Identify examples of secondary data for the example

Identify data respectively showing the needs of existing and potential clients

Discuss the control of sampling errors for the identified data

Recommend with reasons the survey methodology
3(d)
1.3 design a questionnaire for a given business problem
Design a questionnaire that can identifying both the needs of existing and potential clients

Write explanation for the designed questionnaire in the memo and justify its quality of design
3(e)
LO2 Understand a range of techniques to analyse data effectively for business purposes:
2.1 create information for decision making by summarizing data using representative values





Calculate mean, median, and mode, if any

Draw conclusion with the calculation

Construct frequency distribution tables for ALL the four requested data (i.e. items i to iv)

Calculate mean, median, and mode, if any, for EACH of the items i to iv

Draw conclusion with the calculation






1(b)(i)





2(a)




2(d)
 
 

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