Assignment

Course
Title:

BTEC HND Business

Management

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

Edexce
l No.:

Making

Semeste
r/ Batch 5,6,7
No.
Learning
Outcome LO1, LO2, LO3,LO4
s:
Issued
Date:

Centre
Ref.
BM/QR/04/
No.:
E-mail:
Submit
13.06.2015
Date:

03.05.2015

Decision making

Assignm
process of real time
ent Title:

business

Studen
t
Name:

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

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

appropriate
formats for
decision making in
an organisational
LO4 Be able to
use software
generated
information to
make decisions in
an organisation

3.2 create trend lines in spreadsheet graphs to assist in forecasting

for specified business information

3.2

3.3 prepare a business presentation using suitable software and

techniques to disseminate information effectively

3.3

3.4 produce a formal business report

3.3

4.1 use appropriate information 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

You are required to select any Hotel in Qatar and to

Grading

Assignment

(P/M/D)

type

P 1.1

create a plan for the collection of primary and secondary

1.2

data in the above scenario.

M3.1

Present your survey methodology and sampling frame

P 1.2
Assignment

used. (Sample size should be not less than 25)

M 1.1
1.3

Assuming you have decided to go ahead with a

questionnaire for primary data collection, design a

P 1.3

questionnaire for the above business problem.

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

2.1
2.2

Create

information

for

decision

making

by

summarizing data using representative values.

Analyze the results to draw valid conclusions in the
above context.

2.3

2.4

Grading

Assignmen

(P/M/D)

t type

P 2.1/M 2.1/D
3.1
P2.2/M1.1

Analyze your data using measures of dispersion to

P2.3/M2.2/D1.

inform in this business context.

Calculate and explain how Quartiles, Percentiles and

the Correlation Coefficient are used to draw useful

Assignment

Assignment
P 2.4

conclusions in this context.

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

Prepare a business presentation using appropriate

Software and Techniques to disseminate information
effectively and present it.

P 3.3, P 3.4
M3.5
D 3.5

3.4

Business Report
and Individual
Presentation
(15-20 minutes)

Produce a formal business report and submit to the

management separately.

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

10

(ii)

Project B
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

Explain how will you use appropriate information

processing tools in business decision making.

Grading

Assignment

(P/M/D)

type

P 4.1

Assignment

M3.5
D 2.1

4.2

Prepare a project plan for the project AXA above and

determine the critical path.

P 4.2

Assignment

M2.2
4.3

Evaluate the financial viability of the two projects in hand

using NPV, IRR and payback period methods.
Advise the management whether the project should be
undertaken or not?

P 4.3

Assignment

M2.1
D2.3

11