Business Decision Making

This presentation focuses on business decision making and the use of graphs and spreadsheets to draw conclusions. It discusses the interpretation of graphical data related to the Japanese market, including sales, cost, and profit trends. It also covers the use of Gantt charts and network diagrams in project management, with a critical path analysis example. The presentation provides insights into making informed decisions to increase sales and profits.

BUSINESS DECISION MAKING

Development of graphs by using spread sheets and drawing
conclusion based upon it

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Interpretation
Graphical presentation of data enables line manager to analyse all related
information about the Japanese market (Galtarossa and et.al., 2008).
Graph shows that sales, cost and profit are fluctuating over the period.
Sales increased upto £400m in 2008 and thereafter, declined for five
years. However, in between 2013 to 2014, it increased from £340m to
£480m. On contrary, cost was increasing till 2009 with the highest
limit of £250m. After that, it moved in a favourable direction and
started to decline as in 2014, it was £240m. Due to this, highest profit
was in 2008 amounted to £150m. Thereafter, it went to fall from
£130m to £100m till the year 2012. On contrary, in 2013 and 2014, it
inclined to £110m and £140m because of high proportional changes in
sales. In accordance to this chart, it is recommended that Syngenta’s
manager has to construct policies and take decisions so that sales and
profits can be increased.

Interpretation
Upward direction of trend line tells that in future
years, Syngenta will generate more revenues and
profitability. It demonstrates that firm will earn
high sales and profitability in the Japanese market.
In other words, it will perform better in the
upcoming period.

GANTT chart

Network diagram

Interpretation
Network diagram is one of the most important management tools that can be used by the company to anticipate the
interdependent relationship of all the activities and tasks that are going to be placed within and outside the
organisation. Each and every box as well as line show a relationship between each and every activity that company
will perform. Network diagram is also known as flow chart that provides information about the time that will be taken
by the firm in completing its project.
Critical path for the construction of warehouse is as follows:-
Path A --1+5+7+10+11
=80+70+48+28+35
=261 days
Path B – 1+5+7+11
=80+70+48+35
=233 days
As per the above calculation, it is recommended that line manager of Syngenta should move on with critical path B as
by using path B, company will be able to complete the warehouse project within 233 days only which is less as
compared to path A.

References
Li, J. and et.al., 2012. Sideband spectroscopy and dispersion measurement in microcavities. Optics
express. 20(24). pp.26337-26344.
Robertson, G. and et.al., 2008. Effectiveness of animation in trend visualization. Visualization and
Computer Graphics, IEEE Transactions on. 14(6). pp.1325-1332.
Brandt, M. W. and et.al., 2010. The idiosyncratic volatility puzzle: Time trend or speculative
episodes?. Review of Financial Studies. 23(2). pp.863-899.
Götze, U., Northcott, D. and Schuster, P., 2008. Investment appraisal. Methods and Models, Berlin,
Heidelberg 2008.
Online
PERT and Gantt chart, n.d. [Pdf]. Available through:
<http://ualr.edu/jdberleant/courses/ifsc7310/pertgantt.pdf>. [Accessed on 8th March, 2016].

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