Design of a questionnaire for data collection and dissemination

   

Added on  2020-06-04

18 Pages3846 Words428 Views
Business Decision Making
Design of a questionnaire for data collection and dissemination_1
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................11.1 Creation of plan for collecting primary and secondary data.................................................11.2 Survey methodology and sample framing used for research................................................21.3 Designing of a questionnaire for collection of information..................................................32.1 Creation of information on the basis of collected data.........................................................42.2 Use of measure of central tendency in relation to derive an appropriate result....................42.3 Analysis of measure of dispersion with standard deviation..................................................52.4 Use of quartile, percentile and correlation coefficient for data calculation..........................6TASK 2............................................................................................................................................63.1 Graph production through using spreadsheet........................................................................63.2 Formulation of trend lines in order to determine the result..................................................83.3 Business presentation for dissemination of information.....................................................103.4 Produce a formal business report........................................................................................11TASK 3..........................................................................................................................................124.1 Use of appropriate information tool....................................................................................124.2 Prepare a project plan for an activity to determine the time frame.....................................134.3 Use financial tools in decision making process..................................................................14CONCLUSION..............................................................................................................................15REFERENCES..............................................................................................................................16
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INTRODUCTIONDecision making is considered as an internal part of an advanced and the latestmanagement. This is one of the branches of rational and sound decision making process. Thereare various types of strategic plans and policies to be selected by the managers (Ferrell andFraedrich, 2015). It is a process in which managers participate and contribute their skills andknowledge to find out the best growth plans and options for organisational growth. Collection ofdata, sampling of data (Primary and secondary data), rage of techniques use to analyse the dataare the part of this process. There is an conclusive report is prepared by managers and submittedto higher management and authorities subject to proposed plan. Information software and toolswhich are used in the entire process are discussed in this context. Balti Palace is the optedrestaurant business chain selected in this report. All the research and analysation of data is donesubject to extend the area of organisation. TASK 11.1 Creation of plan for collecting primary and secondary dataBusiness plans and growth plans depend upon the primary and secondary data which arecollected by survey, different information sources, by practical overview and interaction withpeople and customers. A data collection process contains various steps and sections formulationswhich are consolidated in the end. These are the plans opted by managers when there is need ofgrowing the structure of business in competitive market. Before taking any step ahead in thedirection of making plans, there is an analysis of certain data is done in respect of customerinterest, involvement, sustainability and profitability (Ford and Richardson, 2013). Largeorganisations keep analysing the market trends by overviewing demand of products and services.They also prepare plans to analyse the customer prospective before introducing new products orservice in the market. Balti Palace is one of the restaurant chains which provides Indian continental andtraditional dishes to customers across the world. Management wants to enhance the scope ofbusiness in international and domestic market. Below are some data methods are defined tocollect the data.Primary data: These are the data which are collected by direct interaction byquestionnaire, asking suggestions and feedbacks, general overview and survey. These is one of1
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the convenient and accurate methods to collect data (García-Peñalvo and Conde, 2014). Thereare four major factors that must remain centralised around getting the primary data described asbelow:Time – Duration of time decided in this subject to collection of data throughquestionnaire.Cost – there must be an analysation of cost of plan to assist the survey. As per abovegiven scenario it is estimated that £1000 for survey on 80 people. Survey method – survey method indicates towards distribution of questionnaire to publicand get it back. Location – there is a specific location is opted to survey. As above scenario Manchestercity is a targeted location opted to completing the survey. Secondary data: this data are collected form subsidiary sources, as books, journals,magazines and news articles. This is one of the methodology which used to collect the primaryand secondary data in adequate manner. This is one of the cost effective option which helpmanagers to collect the data and make effective strategies. 1.2 Survey methodology and sample framing used for researchThere are various survey methodologies available to collect the data and figures arefound which are used to gather the information from market. Social media: Internet and social media are the sources on which all types of information andrelevant data can be found. Lots of sources and path can be found to gather information andsubjected information (Groebner and et. al., 2011). Balti Palace wants to explore its business tonext level. Information from social media, feedbacks, suggestions may help the managers tocollect the relevant information related to other international restaurant. Questionnaire: This is one of the convenient and time saving method to gather the informationfrom people. As per this plan there are some set of questions are asked to consumers at targetedlocation. Interview: There is direct interaction with people done in this method. This is also considered asa direct approach subject to collecting data from public. One on one conversation program ismanaged as per this method and technique.2
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