Business Decision Making Essay

3839 Words Aug 15th, 2015 16 Pages
Business Decision Making
Assignment 1
Beatriz D’ Bayan
Veronica Gamboa

Table of Contents Business Decision Making 3 Task 1: 3 1.1 Collection of data 3 1.2 Survey Methodology 4 1.3 Questionnaire 6 Task 2 9 2.1, 2.2, 2.3 Interpret and conclude the calculation of the frequency distribution, mean, median mode, percentiles, quartiles and correlation coefficient, standard deviation, variance and coefficient of variation (for arrival time and service time data only). 9 2.4 The following task should be accomplished: 14 References 16 Appendices 17

Business Decision Making
Task 1:
1.1 Collection of data 1 | Develop Plan | C.M ,T.H, B.D | June 23-27 | 2 | Conduct Observation | | June29 | | a. Develop Conclusion | C.M | | 3 |
…show more content…
It helped to eliminate the problem of inaccurate results, because the surveyors could observe that the general demographic information was correct, via visual examination. It was cost efficient in that there were no computer-based costs associated with distributing and collecting the materials.

Sampling Frame A. Give three (3) reasons for the selected survey methodology (based on your research)

1. The researcher recommends Computer-based questionnaires because it allows respondents more time to think about their answers to the questions. 2. The researcher recommends Computer-based questionnaires because it will cost significantly less than interviewing in person. 3. The researcher recommends Computer-based questionnaires because it will cut down the time for data collection, due to the limited time frame.

B. Give three (3) reasons for the selected sampling frame (refer the results of your survey) 1. The researcher used the age group of 16-20 as the respondents because that’s the age group that frequent Shakey’s and Pizza Hut the most. 2. The researcher chose the location of Muntinlupa City and the cities around it, which are Las Piñas City and Parañaque City because the respondents that have been chosen have access to those branches. 3. The male and female gender have been used by the researcher as their respondents because the computer-based

Related Documents