Unit 6 Business Decision Making Essay example

5313 Words Mar 1st, 2015 22 Pages
Page 1 of 22

Centre Name/logo
Programme Title
Unit No & Title
QCF Level:
Assignment No/Title
Tutor/Assessor
Written by

Essex International College
BTEC HND in Business
Unit 6 Business Decision Making
5
Credit: 15
Y/601/0578
Acorn Research Consultants
Please Provide Tutor Name Here
/Assessor Panel
Dr Keith Hoodless
To meet LO 1

Assessment method

To meet LO 2
To meet LO 3

Written Report not exceeding 4000 words covering all tasks

To meet LO 4

Key dates:
Assignment distribution date to learners

20th January 2014

Assignment submission date

14th April 2014

Assignment returns date to learners (if applicable)

Within 4 weeks after Submission

Aim
The aim of this unit is to give learners the opportunity to develop techniques for data
…show more content…
ing 4000 words covering:
Tasks 1, 2, 3 and 4

Task 2
a) Summarise the data collected to get the information needed for decision making (AC 2.1)
b) Analyse the results to draw valid conclusions in your chosen business project (AC 2.2)
c) Analyse data using measures of dispersion to inform the given business project (AC 2.3)
d) Explain how quartiles, percentiles and the correlation coefficient are used to draw useful conclusions in your chosen business project (AC 2.4)

See above

Task 3
a) Produce graphs using spreadsheets and draw valid conclusions based on the information derived above (AC 3.1)
b) Create trend lines in spreadsheet graphs to assist in forecasting for your chosen business project (AC 3.2)
c) Prepare a business presentation using suitable software and techniques to disseminate information effectively (AC 3.3)
d) Produce a formal business report and present the main points of the report to your marketing team (AC 3.4)

BTEC HND in Business / Business Decision Making / Jan 2014

See above

Page 5 of 22

Learning Outcome 4
Be able to use softwaregenerated information to make decisions in an organisation Task 4
a) Use appropriate information processing tools for operational, tactical and strategic levels of your chosen business project (AC 4.1)
b) Prepare a project plan for the launch of your product(s) and determine the critical path (AC 4.2)
c) Use financial tools for decision making like
Project Management software (AC 4.3)

BTEC HND in Business / Business

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