Table of content

Introduction
Data collection and its various sources
Qualitative and Quantitative Data
Advantages and disadvantages of data
Graph represents
Respondent of the company
Critical path
Financial information use
Analysis of data collection process
Conclusion
References
 Introduction

Business decision making is very critical task.

Various graph and pie charts has been taken into
consideration to portray the information in right
manner.
Quartile, percentile and coefficient of correlation are
the main tool which are used to evaluate the project
vulnerability
 Data collection and its various sources

Primary data collection process includes interview,

observation, meetings, seminars.
Secondary data sources are official gazette, magazines,
newspaper and other details.
With the completion of gathering process Marks and
Spencer Limited will be able to understand internal and
external factors of the organization.
 Qualitative and Quantitative Data

Basis Qualitative data Quantitative

data

Objective of Clear and provide Flooded with the

collection specific points high amount of
information

Time required More time required Less time required

to collect the data

Cost involved High amount of Less cost

cost
 Advantages and disadvantages of data
collection process
Basis Advantages Disadvantages

Clarity Provides a clear idea Creates confusion in

about the clients generating effective
choice of action. decision on the
collection of data.

Cost effective Collection of Some time it

Quantitative data is becomes very costly
cheaper than to collect the data
collection of with the subjective
quantitative data. matter.
Graph represents three required respondent

200%

180%

160%

140%

120%
2016
100% 2014
2012
80% 2010

60%

40%

20%

0%
Sales Number of employees Product Qualtiy
 Trend line to forecast data

Forecasting of collected data

180%

160%

140%

Maker Ltd 120%

New Rivals
100% Market demand of new developed
Technology
80%

60%

40%

20%

0%
2015 2106 2017 2018
This data shows the actual respondent of
the company which is collected with the
help of data collection process

Respondent
100%
90%
80%
70%
60%
50% Respondent
40%
30%
20%
10%
0%
Hygiene level Quality Reliability Price Safety
Critical path- This is the path which shows the least time
that is required to perform certain activities and project
 Financial information

This is the information which is used by all the

employees, staff members and board of directors to
come up with an effective plans
Helps in forecasting of trends of the company
Depicts the companys growth and efficiency
Provides clear idea about the financial needs in the
different process system.
 Analysis of data collection process

In this data collection process we have come to known

clients' choice of action and their reciprocities behavior
with the offered product.
Qualitative data provides how our company makes our
product as per the clients needs
Quantitative data provides how company can manage its
external threats in orderly manner.
 Conclusion
In this report I have found that new rivals who are
ready to tap the market with their new technique has
made their plan constructively. Now at the end I would
say in order to make effective business decision
making company needs to collect right amount of data
in orderly manner.
References
Roepstorff, C., Petersen, H. & Berthelsen, A. 2015, "Optimizing Data
Collection",Biology of Blood and Marrow Transplantation,vol. 21, no.
2, pp. S265.
C., Petersen, H. & Berthelsen, A. 2015, "Optimizing Data
Collection",Biology of Blood and Marrow Transplantation,vol. 21, no.
2, pp. S265.
Hattne, J., Reyes, F.E., Nannenga, B.L., Shi, D., de la Cruz, M. Jason,
Leslie, A.G.W. & Gonen, T. 2015, "MicroED data collection and
processing",Acta Crystallographica Section A,vol. 71, no. 4, pp. 353-
360.
Hilton, A.J.W. 2010, "graphs",Discrete Mathematics,vol. 308, no. 5-6,
pp. 645.
Gawaz, M., Dickfeld, T., Bogner, C., Fateh-Moghadam, S. & Neumann,
F.J. 1997, "Platelet function in septic multiple organ dysfunction
syndrome",Intensive Care Medicine,vol. 23, no. 4, pp. 379-385.
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