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Assignment

Course
Title:

BTEC HND Business


Management

D/601/0578
Unit No.
Business Decision
& Title:

Edexce
l No.:

Making

Semeste
r/ Batch
No.
Learning
Outcome LO1, LO2, LO3,LO4
s:
Issued
Date:
Assignm
ent Title:

Studen
t
Name:

Centre
Ref.
BM/QR/
No.:
E-mail:
Submit
01.10.2016
Date:

27.08.2016

Business Decision
Making

Assess
Mr. Zaheer MOHAMED
or:

Assessment Feedback
Gra
de

Achieve
d
Criteria

Comments*

* The assessor has made sufficient comments within the work and brief is
mentioned here.

Final Grade
Awarded :

Assessor Signature:

Date:

IV Signature:

Date:

Student Agreement: I understand the feedback given to me and agree to carry


out the actions in future works as required and indicated.

Student Signature:
Date:
To be filled by the Student:
Criter
ia
Page
Nos.

Criteri
a
Page
Nos.

P1.
1

P1.
2

P1.
3

M1

P2.
1

P2.
2

P2.
3

M2

P2.
4

P3.
1

M3

P3.
2

P3.
3

D1

P3.
4

P4.
1

D2

P4.
2

P4.
3

D3

Declaration of Academic Honesty


Students Full Name:

Edexcel No.

Declaration

Centre Ref.
No.
(Insert
YES or NO)

1. I confirm that this assignment is my own work:


2. I confirm that where ever I have used someone elses words,
concepts, graphics or data in my work, I have clearly indicated
exactly where I have done so, using the Harvard referencing
system.
3. I confirm that I have clearly indicated, by referencing, where I
have used someone elses words, concepts, graphics or data,
irrespective of whether I have quoted verbatim or I have
paraphrased in my own words.
4. I have clearly indicated in my assignment any work that has
been contributed by another student.

5. I have clearly indicated in my assignment any work that has


been carried out collaboratively with another student/s.
Student Signature :

Task

Date:

Comments

1
2
3
3

4
Signatu
re
Date
REVIEW

Learning
Outcomes
1 Use a variety of
sources for the
collection of data,
both primary and
secondary

LO2 Understand a
range of
techniques to
analyse data
effectively for
business purposes

LO3 Be able to
produce
information in
appropriate
formats for

Tasks

Grading Matrix Pass Criteria (Business Decision Making)

Assessment Criteria

1.1 create a plan for the collection of primary and secondary data for
a given business problem

1.1

1.2 present the survey methodology and sampling frame used

1.2

1.3 design a questionnaire for a given business problem

1.3

2.1 create information for decision making by summarizing data using


representative values

2.1

2.2 analyse the results to draw valid conclusions in a business


context

2.1

2.3 analyse data using measures of dispersion to inform a given


business scenario

2.1

2.4 explain how quartiles, percentiles and the correlation coefficient


are used to draw useful conclusions in a business context

2.2

3.1 produce graphs using spreadsheets and draw valid conclusions


based on the information derived

3.1

3.2 create trend lines in spreadsheet graphs to assist in forecasting


for specified business information

3.2

3.3
decision making in
an organisational
context
LO4 Be able to
use software
generated
information to
make decisions in
an organisation

3.3 prepare a business presentation using suitable software and


techniques to disseminate information effectively

3.3

3.4 use
produce
a formalinformation
business report
4.1
appropriate
processing tools

4.1

4.2 prepare a project plan for an activity and determine the critical
path

4.2

4.3 use financial tools for decision making.

4.3

Grading Matrix M & D Criteria


Contextualisation / Possible Evidence

Task

M1.1Effective judgements have been made. The students


must go through a good argument and then give a final

1.2 /2.1b

judgement based on it.


M2.1 Relevant theories and techniques have been applied.
The right techniques or theories must be used in the right

2.1a/3.2/4.3

concepts.
M2.2. A range of methods and techniques have been
applied to come up with the final answer which shows the

2.1c/4.2

students have understood the concepts properly.


M2.5 The design of methods/techniques has been used
effectively to draw the answers to these questions, and
each method/techniques have been justified.
M3.1The appropriate structure and approach has been

3.1

1.1

used to conduct the survey.


M3.5 The communication is appropriate for familiar and
unfamiliar audiences and appropriate media have been

3.3/4.1

used. Where the students have used appropriate methods


to do the presentations.
D1.1 Conclusions have been arrived at through synthesis
of ideas and have been justified to give the analysis for the

3.1

answer.
D1.2 The validity of results has been evaluated using
defined criteria using appropriate techniques as per the

2.1c

questions.
D2.1 The students must be able to do proper Harvard
Referencing to show that they have been able to achieve

3.2/4.1

their work independently.


D2.3 The assignment has been submitted within the agreed

4.3

time frames
D3.1 Ideas have been generated and decisions taken

2.1a

based on the ideas captured while answering this question.

D3.5 Innovation and creative thought have been applied in


order to come up with unique recommendations and

3.3

conclusions from the key findings.


SCENARIO 1 (Task 1, 2 & 3)
You have been approached by a company in the leisure and hospitality industry in Qatar
(Hotel/Restaurant) to conduct a research in order to understand customer requirements and to
assess the level of satisfaction in the Hotels/Restaurants belonging to this group. You are
required to conduct a thorough research and finally present the details to the Management of
this company.
Task 1
Be able to use a variety of sources for the
collection of data, both primary and secondary
1.1

Grading

Assignment

(P/M/D)

type

You are required to select any Hotel/Restaurant in Qatar


and to create a Plan to identify the research objectives

P 1.1

and then for the collection of primary and/or secondary

M3.1

data.
1.2

There are various methods to conduct a research. You


are required to Identify, Compare and Choose the best
possible survey methodology and sampling techniques
which can be used to conduct your survey above.

1.3

P 1.2

Assignment

M 1.1

You are supposed to come up with an appropriate


questionnaire to gather the data which should focus on

P 1.3

achieving the research objectives.

Task 2
Understand a range of techniques to analyze data
effectively for business purposes

Grading

Assignmen

(P/M/D)

t type
7

a) Use the Questionnaires and gather data from at

P 2.1/M 2.1/D

least 25 non-related adults and convert your data into

3.1

information using appropriate data presentation


methods.
2.1

b) Calculate the 03 known averages and the mean


deviation and standard deviation of your findings.

2.2

Assignment
P2.2/M1.1

c) Draw up appropriate conclusion regarding the

P2.3/M2.2/D1.

outcome of your analysis above.

Calculate the 1st and 3rd quartiles, percentiles and


correlation coefficient and conclude on the basis of

Assignment
P 2.4

the calculations above.

Task 3
Be able to produce information in appropriate
formats for decision making in an

Grading

Assignment

organizational context

(P/M/D)

type

3.1

For the data collected you need to prepare


appropriate graphs and arrive at proper conclusions
based

on

the

information

derived.

(You

P 3.1

Assignment

M2.5/ D1.1

are

encouraged to use spreadsheets)


3.2

Based on the data gathered in task 1, develop a trend

P 3.2/M 2.1/

lines for the selected area of your research to see the

D 2.1

Assignment

future forecast of your selected item. (You are


encouraged to use spreadsheets)
3.3

Develop a formal business report containing above


information and present to the management team about
your findings in the appropriate format.

P 3.3, P 3.4
M3.5
D 3.5

Business Report
and Individual
Presentation
(15-20 minutes)

Scenario 2
ZED LLC is to launch a product and they are currently studying the feasibility of the new
product. The company is also looking at the following options and actions to be taken for two
new projects.
Activ
ity

Description

Immediate
precedents

Expected time
(weeks)

Preliminary Design

Market Research

Obtain Engineering
Quotes

Construct Prototype

Prepare Marketing
Material

Costing

Product Testing

Pilot Survey

B,E

Pricing Estimates

Final Report

F,G,I

4 year budgeted revenue and cost forecast has been given for the new product development
(i)

Project A
Year 0

Year 1

Year 2

Year 3

Year 4

Revenue

9m

7m

12m

13m

Operation cost

2m

3m

4m

3m

Investment

24m

Cost of capital is 10%

(ii)

Project B
9

Year 0
Investment
Revenue

Year 1

Year 2

Year 3

Year 4

11m

12m

9m

8m

3m

2m

3m

5m

24m

Operation cost
Cost of capital is 8%
Task 4

Be able to use software generated information to


make decisions in an organization
4.1

Evaluate the importance of Management Information


system in the decision making of an organization in all the

Grading

Assignment

(P/M/D)

type

P 4.1

Assignment

M3.5

levels of the management and what is the useful


information that should be stored in each level of

D 2.1

management.
4.2

Prepare a project plan for ZED LLC above and identify the P 4.2
critical path and latest time to complete the project.

4.3

M2.2

Tutorial/
Assignment

Evaluate the financial viability of the two projects in hand P 4.3

Tutorial/

for ZED LLC using NPV, IRR and payback period methods

Assignment

and advise the management whether the project should be


undertaken or not?

M2.1
D2.3

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