Business Decision Making - Desklib

This presentation includes advertising and sales figures from 2002 to 2015, pie and bar charts for net income generated by the five branches of the company and scatter graphs of advertising and sales figures that are made using spreadsheets. It also includes the interpretation of the line graph, pie chart, bar chart, scatter plot, and trend lines. The presentation concludes that rising advertising cost is fruitful for business and investment in advertisement and other types of promotional activities will be beneficial for business.

Business decision making
TASK 3

 The presentation shown advertising and sales figures
given from 2002 to 2015, pie and bar charts for net
income generated by the five branches of the company
and scatter graphs of advertising and sales figures that
are made using spreadsheets.
INTRODUCTION

Line graph
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
0
1000
2000
3000
4000
5000
6000
7000
Line Graph
Advertising Cost £'000s Sales £'000s

Interpretation
Line graph of advertising cost and sales which is representing positive results as rise
in advertising cost of the business is leading to rise in sales volume of enterprise.
Further, in case if organization has allocated more funds in advertising then in the
same year sales revenue of firm has enhanced which is profitable for company and in
turn effective also as overall expenses can be recovered easily.

Pie chart
240
180160
140
130
Net Income Generated by 5
Branches of the company in 2015
London Manchester Edinburgh Cardiff Liverpool

Bar chart
London Manchester Edinburgh Cardiff Liverpool
0
50
100
150
200
250
240
180 160 140 130
Net Income Generated by 5
Branches of the company in 2015

 Pie and bar chart of 5 branches of enterprise is
representing that overall income where income of
London branch is high as compared with others. This
high income level is representing overall effectiveness
of different branches in carrying out operations in the
market
Interpretation

Advertising and Sales data 2000-2013
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
0
1000
2000
3000
4000
5000
200 240 300 340 400 480 520 760 880 920 980 1020 1100 11701200 1400 1500 1800 2200 2300 2600 2800 2900 3100 3450 3600
4100
4670
Advertising and Sales data 2000-
2013
Advertising Cost £'000s Sales £'000s

Scatter Plot on Advertising and Sales Costs
0 200 400 600 800 1000 1200 1400
0
500
1000
1500
2000
2500
3000
3500
4000
4500
5000
Advertising and Sales data 2002-2015

Trend lines
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
0
200
400
600
800
1000
1200
1400 f(x) = 197.035373272055 exp( 0.141751876255229 x )
R² = 0.958414260153368
Advertising Cost £'000s

 Trend line of advertising cost has been developed and
through this it can be said that by increasing the overall
cost of advertising in near future company can obtain
large amount of benefits as it can have positive impact
on the sales volume of company. Apart from this,
through effective promotion it will become for
enterprise to attract large number of customers and this
can assist in accomplishing overall long term
objectives of the organization.
Interpretation

Sales
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
0
500
1000
1500
2000
2500
3000
3500
4000
4500
5000
f(x) = 1198.88327524441 exp( 0.0975870724629485 x )
R² = 0.975259927654925
Sales £'000s

 Trend line of sales of organization is also showing
positive results where rise in cost of advertising will
boost sales volume of business and through this
company can earn higher profits which are considered as
one of the main objective of business behind carrying
out overall operations in the market. Overall growth in
sales volume of business is beneficial for enterprise in
every possible manner. Therefore, it is recommended to
business to focus on advertising tools for enhancing
overall performance in the market and grabbing
opportunities.
Interpretation

 From the analysis done it has been found that rising
advertising cost is fruitful for business. Further, every
brand is earning high income but of London’s branch it
is quite high as compared with others. Investment in
advertisement and other type of promotional activities
will be beneficial for business and through this higher
income can be earned easily. Apart from this, it will
provide large number of opportunities to business and
firm can sustain in the market for longer period of time
Conclusion

REFERENCES
Sapsford, R. and Jupp, V., 2006. Data collection and analysis. Sage.
Cohen, J. and et. al., 2013. Applied Multiple Regression/ Correlation Analysis for the
Behavioral Sciences. Routledge.Kaplowitz,.
Ferrell, O. C. and Fraedrich, J., 2014. Business ethics: Ethical decision making & cases.
Cengage learning.